Posted on 07/21/2011 9:15:55 AM PDT by Redmen4ever
The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.3 percent in June to 115.3 (2004 = 100), following a 0.8 percent increase in May, and a 0.3 percent decline in April ...
Says Ataman Ozyildirim, economist at The Conference Board: “The leading indicators point to slowly expanding economic activity in the coming months.”
(Excerpt) Read more at conference-board.org ...
The leading indicators not directly manipulated by the govt — money supply and the slope of the interest rate curve - were net DOWN.
No need for facts! Let the panic continue!
“The leading indicators point to slowly expanding economic activity in the coming months.”
Thanks, I needed a good laugh today!
What? This isn’t a joke?
Nevermind.
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