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  • US Leading Economic Index (LEI) Continued to Fall in April

    From conference-board.org

    The Conference Board Leading Economic Index® (LEI) for theU.S. decreased by 0.6 percent in April 2024 to 101.8 (2016=100), after decreasing by 0.3 percent in March. Over the six-month period between October 2023 and April 2024, the LEI contracted by 1.9 percent—a smaller decrease than its 3.5 percent decline over the previous six months. “Another decline in the U.S. LEI confirms that softer economic conditions lay ahead,” said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board. “Deterioration in consumers’ outlook on business conditions, weaker new orders, a ... (full story)

This economy is going to tank.
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Quoting Bakker
This economy is going to tank.
Yep... but, not before the presidential selections.
Gold price still high, The fed won't worry with weak usd. except gold falling down, maybe different story.
We may start to see the collapse of US, gold above 2400$, silver 30$ that kind of buying is happening with Central bank aid, which means other countries are losing confidence in the dollar which could fuel inflation further and it could really become quite disastrous for the country.

Trump may very well adopt an armageddon.
In one word, Stagflation
Quoting yanivfx
In one word, Stagflation
im seeing stagflation stocks like SMAR firming up.
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