Despite a strong stock market performance, money flows to US mutual funds slowed significantly from January to February (see chart, above).
And inflation continues to slow. The government reports weaker than expected wholesale inflation. The Producer Price Index rose a scant 0.2 percent in March. Core inflation was unchanged. The government reports on consumer inflation, considered key because it includes the service sector, tomorrow.
Meanwhile, the Conference Board reports a gain in the Index of Leading Economic Indicators, up 0.2 percent, an indication that the economy will continue to grow.