This Week In Stocks And The Economy

Published Friday, October 19, 2018 at: 7:00 AM EDT

After the recent stock market volatility, some observers raised fears a recession may be on the way. The stock market is a leading indicator for the economy and the economic expansion is indeed the second longest in modern U.S. history. So, it's perhaps not surprising major media outlets ran headlines like these following the two-day plunge of October 10 and 11.Was the drop in stock prices a precursor to a recession? It doesn't look that way from data released this past week showing how the U.S. index of leading economic indicators (LEI) continued its surge into record territory.The LEI is tracked...

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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.