Posted on 05/18/2023 8:49:46 AM PDT by Kaiser8408a
The Conference Board’s Leading Economic Indicators (LEI) continued its decline in April, dropping 0.6% MoM (in line with the 0.6% decline expected).
The biggest positive contributor to the leading index was stock prices at 0.16 The biggest negative contributor was average consumer expectations at -0.26 This is the 13th straight monthly decline in the LEI (and 14th month of 16) – the longest streak of declines since ‘Lehman’ (22 straight months of declines from June 2007 to April 2008).
Let’s go Brandon! He needs to finish the job! Or destroying the US economy and making the US a vassal state to China.
And Washington DC bureaucrats eat pork!
(Excerpt) Read more at confoundedinterest.net ...
Don’t worry folks! FJB and Latrine Jean-Pierre says we’re all doing great!!! Just hunker down and hold on tight to your wallet. You’ll do okay.
Sleepy needs to make another insane proclamation on how much better his economy is vs Donald Trump’s.
If true, then by the Democrat’s logic, even more people will buy extremely overpriced EVs.
But Bag-a-wind Yellen and Buffy St Pierre said no recession after two failed quarters. How can this be?
Bkmk
Houses in top neighborhoods in many major metropolitan areas sell in less than 14 days.
There are trillions of pent-up stock market profits in search of something to buy.
If there is a slowdown it is typically due to an excessive price increase.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.