Notice how over the past half century the lead time this indicator has given prior to a recession and related market sell offs.
Leading Economic Indicators
Source: Chart of the Day
As long as leading indicators remain strong – and confirms the overall market breadth – our intermediate term bias remains bullish, despite any immediate short term choppiness.
Bonds: 1994 All Over Again?
Incredible Demand For Commodities Just Might Persist
Fed Is Likely Many Months From Raising Rates
Buying in to outsourcing
On the happy trail
Don’t Lend Uncle Sam Money
Quote of the Day
“We are handicapped by policies based on old Myths rather than current realities.”
–James William Fulbright