Posted on 04/19/2010 7:19:36 AM PDT by blam
U.S. Leading Economic Indicators Surge Past Expectations To All-Time High
Vincent Fernando, CFA
Apr. 19, 2010, 10:03 AM
U.S. leading economic indicators for March rose +1.4% vs. +1.1% expected.
Conference Board:
The Conference Board Leading Economic Index® (LEI) for the U.S. increased 1.4 percent in March, following a 0.4 percent gain in February, and a 0.6 percent rise in January. The U.S. LEI is now at its highest level.
Here it is, the all-time high:
[snip]
(Excerpt) Read more at businessinsider.com ...
LOL. Are these the same economic charlatans who continue to report all those “unexpected” job losses month after month?
America fights back!
So what exactly were these infallible indicators suggesting in August of 2008?
Everywhere I go stores are boarded up and malls half empty. Political traitors/liars think we’re stupid.
Leading the sheep to the slaughter
So I see the Ministry of Propaganda was working overtime this weekend.
And so then why was the extravagant “bail-out” necessary?
And don’t tell me that this up-tic (not up surge) is a direct result of said bailout.
Hmmm.... I wonder where in America they are distilling their statistics from? From where I am sitting, the economy is just about belly-up. Unless you are working the agri-business, you are out of work... and even those in agriculture are treading water for the most part.
Remember the old saying: “The figures don’t lie, but liars do figure!”
Then I guess we don’t need to extend anymore unemployment payments! All hail President For Life Barrak Hussein Odumbo!!!
“Everywhere I go stores are boarded up and malls half empty.”
I see buildings getting torn down and everbody has a sale going on.
The malls are full in NH though...wonder if that has anything to do with no sales tax?
Economies recover before hiring recovers.
I know the economy is recovering.
Usually hiring follows.
I’m not so sure this time.
There are too many obstacles to hiring placed by the 0bummer Administration.
We’ve already had one of the longest recessions in history.
I have low confidence in a quick pace of rehiring.
Folks, if the economy comes back in a hurry,
there is no way to avoid hyperinflation,
they’ve simply printed way too much money.
Your “savings” in cash will be worthless, or at least worth less.
Gold, silver, etc, if you’ve already stocked up on lead and brass.
That's probably a leading economic indicator pointing toward great times ahead. It's based on the "darkest just before the dawn" logic.
Here in Virginia's Hampton Roads, the landscape is rife with half-empty strip malls. Nationwide, the unemployment rate hangs at 9.7%, yet the LEI is at an all-time high. Isn't it interesting that, four years ago, 5% unemployment was considered "unacceptable," and that the economy, according to the SRM, was seen as "in a recession." Now, we're in a period of "recovery." Unbelievable.
Agree. One reason things are up is that businesses cut back on buying so severely for the past 18 months that they now have no choice but to replenish inventories and make necessary capital purchases if they want to stay in business.
Our economy will not be the same coming out of this recession as it was going in. The impact of activities beyond our control, including Chinese currency revaluation, have yet to be felt.
yes and foreclosures are up
unemployment is up
it seems the only way for the media to get it is to actually see the market drop so their 401k’s lose money because right now they are making money while people lose their jobs or because they take pay cuts in order to keep their jobs
At an all time high?...I’d say it was unemployment.
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