Is it Time to Throw the Index of Leading Economic Indicators Towel Into the Ring?
Former JPMorgan Chase Global Chief Economist & PH.D in Economics
Not so fast! Unlike some boxing matches, we have all witnessed, this LEI battle is not over.
According to research conducted by the Conference Board, The Index of Leading Economic Indicators (LEI) typically predicts a recession 12 months into the future when the index falls by 4.2% or more over a six-month period.
In March 2023, the Conference Board r…
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