Let's follow up a little bit on the note earlier from SocGen's Albert Edwards, who is still predicting that the US will go the path of Japan.
He wrote today:
I have long maintained that even within a structural bear market, there are huge...
A Review of Our 3 Favorite Leading Stock Market Indicators
Courtesy of Brett Owens at The Contrary Investing Report
These days we are keeping a keen eye on markets that have been reliable leading indicators of the stock market. Since 2004 or...
In his latest Global Strategy Weekly, Albert Edwards, a senior member (along with Dylan Grice) of Society Generale's well regarded Global Strategy Team, notes that one of his favorite (and most over-looked) leading indicators is signalling trouble...
U.S. Review Home Is Where the Economy’s Heart Is Housing starts and existing home sales declined in June, reflecting the winding down of homebuyer tax credits. Building confidence fell to 14 in July, and June’s numbers were revised down...
The ECRI leading indicators number continues to sink and sink, registering a level of -10.5%.
Chart via ZeroHedge:
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Economic Cycle Research Institute - Economy - United States - Economic...
The Conference Board's U.S. leading indicator declined -0.2% vs. an expected drop of -0.4%.
Conference Board:
“The indicators point to slower growth through the fall,” says Ken Goldstein, economist at The Conference Board. “Two trends...
Visit StreetInsider.com at http://www.streetinsider.com/Economic+Data/June+Leading+Indicators%3A+Down+0.2%25%2C+vs.+Cons.+Down+0.3%25/5826467.html for the full story.
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ECRI Weekly Leading Indicators at Negative 9.8; Has the ECRI Blown Yet Another Recession Call?
Courtesy of Mish
Inquiring minds have been watching the ECRI’s weekly leading index plunge nonstop since October of 2009. Moreover the WLI has...
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