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WEI and WECI, for knowledge releases by means of 10/11/2025:
Determine 1: Lewis-Mertens-Inventory Weekly Financial Index (blue), and Baumeister-Leiva-Leon-Sims Weekly Financial Circumstances Index for US, deviation from development development (tan), all y/y development price in %. Supply: FRED, WECI, accessed 10/16.
Observe that WECI is for a deviation from development development price, whereas WEI is the expansion price. In each instances, development has decelerated since “Liberation Day” by 0.6 ppts.
Determine 2: Lewis-Mertens-Inventory Weekly Financial Index (blue), and Baumeister-Leiva-Leon-Sims Weekly Financial Circumstances Index for US (tan), all y/y development price in %, relative to 4/5/2025. Supply: FRED, WECI, accessed 10/16, and creator’s calculations.
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