Leading Economic Indicators Surge, Stocks Break Record High Again

Published Friday, November 24, 2017 at: 7:00 AM EST

The benchmark index of U.S. leading economic indicators surged 1.2% in October, following an anemic 0.1% increase and 0.4% increase in August and September. As the impact of the worst hurricane season in decades dissipated, the U.S. Leading Economic Index, calculated by The Conference Board, shot higher in October. Even at the peak of the last economic expansion, the index of leading indicators did not hit the recent levels, and that was a debt-fueled bubble. In contrast to the last economic cycle that ended with The Great Recession, this expansion is unfolding as the monthly ratio of a household's...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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