Show Me Economic Expansion, Chairman Bernanke [View article]
I have noticed the same thing.
An old boss of mine, used to refer to the LEI as the Misleading Economic Indicator. He said the best leading indicator to watch is Jobless Claims, ignore LEI.
That was several years ago and what I have followed ever since.
On Nov 22 08:18 AM Wildebeest wrote:
> "It has now been seven months since the LEI went ballistic, and the > CEI remains flat. I am confused by The Conference Board’s statement > as I do not see in their data that “economic recovery is finally > setting in”. My bet remains the leading index is broken, and the > coincident index shows the real picture.There is no evidence of real > economic growth occurring yet. " > > Steve, the main components in the LEI are money supply 35.8%, and > average weekly hours in manufacturing makes up 25.5%. Average weekly > hours in manufacturing are up marginally but I would have thought > that would be due to companies shedding workers and wanting remaining > employees to work a bit longer. The big one though is money supply. > With that sort of weighting, as long as the printing presses a running > the LEI will point north -- and will reflect a disconnect between > economists/experts and main street.
GDP Forecasts, Systemic Risks Increase Due to Easy Money [View article]
thanks for the link
On Nov 16 06:00 PM Gary A wrote:
> The reason the government is lying about spending and GDP is because > I have proof, tax receipts are tanking everywhere. So, Mr Dynamic, > how do you explain that? globaleconomicanalysis... > > > On Nov 16 03:49 PM thiazole wrote:
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Latest | Highest ratedCognitive Dissonance: Thoughts About the Dollar Carry Trade [View article]
Show Me Economic Expansion, Chairman Bernanke [View article]
An old boss of mine, used to refer to the LEI as the Misleading Economic Indicator. He said the best leading indicator to watch is Jobless Claims, ignore LEI.
That was several years ago and what I have followed ever since.
On Nov 22 08:18 AM Wildebeest wrote:
> "It has now been seven months since the LEI went ballistic, and the
> CEI remains flat. I am confused by The Conference Board’s statement
> as I do not see in their data that “economic recovery is finally
> setting in”. My bet remains the leading index is broken, and the
> coincident index shows the real picture.There is no evidence of real
> economic growth occurring yet. "
>
> Steve, the main components in the LEI are money supply 35.8%, and
> average weekly hours in manufacturing makes up 25.5%. Average weekly
> hours in manufacturing are up marginally but I would have thought
> that would be due to companies shedding workers and wanting remaining
> employees to work a bit longer. The big one though is money supply.
> With that sort of weighting, as long as the printing presses a running
> the LEI will point north -- and will reflect a disconnect between
> economists/experts and main street.
The Oil Casino: SEC Heading for Monte Carlo, Part II [View article]
Why the Stock Market Should Crash [View article]
GDP Forecasts, Systemic Risks Increase Due to Easy Money [View article]
On Nov 16 06:00 PM Gary A wrote:
> The reason the government is lying about spending and GDP is because
> I have proof, tax receipts are tanking everywhere. So, Mr Dynamic,
> how do you explain that? globaleconomicanalysis...
>
>
> On Nov 16 03:49 PM thiazole wrote:
What Volume Signals Indicate for the Markets [View article]
The Financial Body Count: Pension Risk Increases [View article]
On Nov 16 08:49 AM Robert Jung wrote:
> It seems to me that one can only conclude that the Fed "must" inflate
> asset values.
Dividend Grouping for Dividend Income [View article]
This on of the best explanations of dividend growth I have seen. The idea of dividend grouping is new,I will have to think about some more.
Ambac: Now It Warns of Bankruptcy? [View article]
Erosion in the M2:M1 Relationship and the Burgeoning Eurodollar Bubble [View article]
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The Reluctant Bull: My Portfolio [View article]
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How Bloomberg Fabricates U.S. Housing Numbers [View article]
But does now matter, because all you have to do is be 25% or 50% and it scares the hell our of me. It should scare everyone.
I am as defensive as I have ever been for a week plus.