Otavio (Tavi) Costa on LinkedIn: Yet another reliable indicator of a potential hard landing ahead: The… | 20 comments
Yet another reliable indicator of a potential hard landing ahead: The Conference Board Leading indicator has been declining for 18 consecutive months. The… | 20 comments on LinkedIn
Otavio (Tavi) Costa
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"Yet another reliable indicator of a potential hard landing ahead:
The Conference Board Leading indicator has been declining for 18 consecutive months.
The only similar instances of a sustained negative trend occurred during the stagflationary crisis of 1973-74 and the Global Financial Crisis.
It's crucial to highlight that the most recent reading of this index shows a decrease of -7.8%, a magnitude of decrease that has consistently aligned with significant economic downturns over the past six decades."