Source: Conference Board
Thursday, July 21, 2011
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2011
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July
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- EconomPics of the... Since the Last Time
- Turning Japanese
- Rewind: On the Value of Treasuries
- U.S. Economy Firing on No Cyclinders
- Q2 GDP... Where's the Consumer?
- With a Treasury Closer to Default....
- Buying Options
- Breaking Down the GLD / SPY Model
- Leading Economic Indicators Steady in June
- Silver is Once Again on a Tear
- Market Smack-Down
- Hours Worked per Person Flatlining
- Is Education Over-Rated?
- No Good News in Employment Report
- ADP Employment Better than Expected
- ISM Employment Improving... But Lacking Snap Back
- Equity Valuation Based on GDP Growth
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July
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Analyzer
I read it as the LEI weakened slightly, with only strong Money Supply and Interest Rate Spread indicators keeping the LEI from collapsing (which you do note with the black line).
ReplyDeleteIn a balance-sheet-deleveraging, ZIRP macro environment, where those monetary indicators are probably less relevant than normal, that does not seem like a good LEI report at all.