Leading Economic Indicators Surge, Stocks Break Record High Again
In contrast to the last economic cycle that ended with The Great Recession, this expansion is unfolding as the monthly ratio of a household's fixed expenses versus income has hovered near a record-low for five years. Rarely have consumers ever been better able to meet their monthly fixed expenses! You almost never see this data published in the mainstream financial media, even though it is a publicly available index tracked by the Federal Reserve.
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