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To: Steven W.
I've seen many, many articles just like this one and I always end up with the same reaction which is that -

Leading Economic Indicators are said to be some special kind of predictor that takes stock prices as only one of many components. But I have never seen the LEI tell me something I didn't already know from watching the Dow Jones or the S & P.

Can anyone cite even a single example when the LEI would have said something that was at variance with the signals being emitted from the Stock Market? I can't even recall a single example, but I'd like to be educated on this point.
2 posted on 07/21/2003 3:45:47 PM PDT by 2 Kool 2 Be 4-Gotten
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To: 2 Kool 2 Be 4-Gotten
Yes, we have read this before. For example (notice some of these dates):

 
Leading indicators rise: Economy shows strength; jobless claims unexpectedly continue retreat
      Posted by JohnHuang2
On 05/17/2001 11:47 PM EDT


CNN/fn ^ | Thursday, May 17, 2001

Economic Growth Ahead? Index Of Leading Indicators Rises For 4th Straight Month
      Posted by JohnHuang2
On 08/20/2001 11:18 PM EDT


CBSNEWS ^ | Monday, August 20, 2001

Nov. Leading Indicators Up Second Straight Month
      Posted by RCW2001
On 12/19/2001 10:40 AM EST with 7 comments


Reuters ^

Leading indicators rise 1.2 percent in December, third consecutive gain
      Posted by Oldeconomybuyer
On 01/22/2002 10:11 AM EST with 8 comments


AP ^ | 1-22-02 | EILEEN ALT POWELL, AP Business Writer

Recession fears fade on strong indicators
      Posted by mdittmar
On 11/28/2002 6:23 PM EST with 4 comments


Washington Times | November 28, 2002 | ASSOCIATED PRESS

CA: Indicators signal weak tech rebound
      Posted by NormsRevenge
On 01/13/2003 11:02 AM EST with 5 comments


SJ Mercury News ^ | 1/12/03 | David A. Sylvester

4 posted on 07/21/2003 4:04:13 PM PDT by Brian S ("Mount up everybody and ride to the sound of the gun!")
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