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Economy Remains on Solid Footing as Powell Era Ends

By ETF Trends May 05, 2026 Neutral
Economy Remains on Solid Footing as Powell Era Ends
Market narratives remain split between two forces: tail risk to oil flows through the Strait of Hormuz and constructive US economic data supported by AI infrastructure capex. The Dallas Fed Weekly Economic Index (WEI), a real-time, GDP-equivalent signal of economic momentum, rose to 3.0% from 2.5% last week.
Market narratives remain split between two forces: tail risk to oil flows through the Strait of Hormuz and constructive US economic data supported by AI infrastructure capex. The Dallas Fed Weekly Economic Index (WEI), a real-time, GDP-equivalent signal of economic momentum, rose to 3.0% from 2.5% last week.