News: Decoding the Leading Economic Index's Decline and GDI's Recession Forecasting Power
Rebel Capitalist News
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The Decline of the US Leading Economic Index: A Warning Sign for Recession
This chapter discusses the decline of the US Leading Economic Index (LEI), highlighting that stock prices were the only positive contribution to the index. It explores how the LEI acts as a leading indicator, predicting economic downturns, and examines the current value indicating a potential recession.
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