3 Things You Need to Know This Week | Sept Inflation, Global PMIs, Consumer Sentiment (Oct 19, 2026)
Fisher Investments highlights three key economic developments to monitor the week of October 19, 2026: September inflation data from Canada, UK, and Japan; global PMI surveys measuring business activity; and the University of Michigan Consumer Sentiment report. The video emphasizes that while these indicators provide useful current economic insights, PMIs should not be relied upon as predictors of future market performance, and consumer sentiment doesn't necessarily correlate with consumer behavior or market outcomes.
Summary
This weekly market briefing from Fisher Investments identifies three economic developments warranting investor attention. First, September inflation readings from Canada, the UK, and Japan will be released, offering current perspective on whether price pressures are becoming more entrenched in these economies. Second, global Purchasing Managers Indexes (PMIs) will be analyzed, as these surveys track business activity across manufacturing and services sectors and indicate economic health internationally. The speakers note that PMIs reveal whether economies are accelerating or slowing but importantly caution that PMIs represent current conditions only and should not be treated as reliable forecasts for future economic growth or stock market performance. Third, the University of Michigan Consumer Sentiment report will be monitored for insights into American consumer confidence and economic perception. The speakers make a critical distinction here, arguing that consumer sentiment measures—how people feel about the economy—do not necessarily reflect their actual purchasing behavior or predict market performance. The video concludes by directing viewers to Fisher Investments' Friday weekend review series for deeper analysis of the week's developments and their potential market implications.
Key Insights
- September inflation readings from Canada, the UK, and Japan will provide insight into whether recent price pressures are becoming more persistent in these economies.
- PMIs are indicators of current economic conditions across manufacturing and services, offering timely looks at business activity and economic health globally, but they are not reliable guides to future economic or stock market performance.
- Global PMIs will be monitored specifically for signs of economic acceleration or slowing across different regions.
- Consumer sentiment—how people feel about the economy according to the University of Michigan report—does not necessarily reflect what people actually do or predict how markets will perform.
- Fisher Investments provides a weekly weekend review series to analyze major economic developments and share perspective on their potential market implications.
Topics
Transcript
[0:00] Every week we share upcoming political, economic, and sentiment related developments that may impact financial headlines, the economy, and markets. Our goal is to help investors like you cut through the noise and focus on what really matters for markets. Here are three things we'll be monitoring this week. First, September inflation readings from Canada, the UK, and Japan. These reports can provide the latest insight into whether recent price pressures are becoming more persistent. [0:30] Next, global purchasing managers indexes or PMIs. These surveys provide a timely look at business activity across manufacturing and services. They also offer insight into the health of economies around the world. We'll be watching for signs of acceleration or slowing. It's important…
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