This Week In Stocks And The Economy
  • Print

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.

To Read the Full Story, Subscribe or

This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.