

News: Decoding the Leading Economic Index's Decline and GDI's Recession Forecasting Power
Jan 9, 2024
Explore the decline of the US Leading Economic Index and its potential impact on a recession. Analyze the components of the index, highlighting the importance of the bond market. Compare GDP and GDI as recession predictors, with GDI displaying superior accuracy. Understand the NBER's announcement of recessions and its reliance on GDP and GDI. Gain insights into wealth preservation strategies and the promotion of freedom and free market capitalism.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
The Decline of the US Leading Economic Index: A Warning Sign for Recession
02:26 • 5min
Analyzing the Leading Economic Index's Components and Highlighting the Importance of the Bond Market
07:08 • 4min
GDI vs GDP: A Better Indicator of Recession?
10:57 • 6min
Understanding the NBER's Announcement of Recessions and its Reliance on GDP and GDI
16:37 • 2min