This Week In Stocks And The Economy
So, it's perhaps not surprising major media outlets ran headlines like these following the two-day plunge of October 10 and 11.
It doesn't look that way from data released this past week showing how the U.S. index of leading economic indicators (LEI) continued its surge into record territory.
The LEI is tracked by a private business group and is comprised of 10 components measuring the current economic outlook. This index has a long history and collapsed months before every recession in the post-War era. With the momentum it's showing, it's hard to see how the economy can suddenly nosedive.
- S&P 500 Breaks All-Time Record Again
- Steady Economy Briefly Drives Dow Beyond 29,000
- Why Stocks Shrugged Off Iran Escalation
- A Spectacular Year For Stocks
- A Case For A Bull Market In 2020
- Good Economic News Again
- An Unusual Constellation Of Economic Surprises
- Longest U.S. Expansion Keeps Rolling
- Retirement Income Reality Check
- Find The Major Economic Trend Hidden In This Picture
- Is The New Record High In Stocks Irrational?
- Stocks Break New Record; Economic Outlook Clears
- Despite Frights, Can The Expansion Continue?
- Retail Sales Coverage Reflected The Narrow View Of The Media
- Small-Business Optimism Declines But Remains High