Leading Indicator Index: Challenging Expectations | Episode 085 | 12-21-2023

Markets with Megan: A Quick Financial Markets Update · Dec 21, 2023 · 2m · transcript

In today's episode, Chief Investment Officer Megan Horneman, takes a look into the latest economic data. Megan discusses data on various indicators, including jobless claims, GDP, and Empire Manufacturing, with a focus on the significant Leading Economic Indicator Index. Highlighting the 20th consecutive month of negative readings, she explores the prolonged negativity in the index amid overall market optimism. Despite weak areas in the economy for November, such as the work week, jobless claims, and consumer confidence, Megan reflects on the historical context of the index, challenging…