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  • LEI for the U.S. Declined Again in November

    From conference-board.org

    The Conference Board Leading Economic Index® (LEI)for theU.S. decreased by 1.0 percent in November 2022 to 113.5 (2016=100), following a decline of 0.9 percent in October. The LEI is now down 3.7 percent over the six-month period between May and November 2022—a much steeper rate of decline than its 0.8 percent contraction over the previous six-month period, between November 2021 and May 2022. “The US LEI fell sharply in November, continuing the slide it’s been on for most of 2022 after peaking in February,” said Ataman Ozyildirim, Senior Director, Economics, at The Conference Board. “Only stock prices ... (full story)

But the ''economy is strong like hell'' as per our commander in chief, Joe B.Which way it is ? You all know the answers. LOL.
But alredy forecast will lower, no surprise. But gdp and unemployment data really good, better than forecast. Let see how market reaction for this.
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