Investment Perspective Amid Risks Of Fed Tightening, Covid Variants, And European War
Published Friday, February 18, 2022 at: 8:01 PM EST
For the first time in 12 months, the U.S. Index of Leading Economic Indicators (LEI) ticked down, falling by three-tenths of 1% in January, as the Omicron variant, inflation, and supply chain problems cooled the hot economy. The LEI is a forward-looking index of 10 components, making it a reliable indicator of recessions and the pace of growth in the economy. Apart from one other interruption in early 2021, the LEI has surged higher every month since the economic recovery from the Covid virus began in April 2020. Initial unemployment insurance claims, consumer sentiment, and a decline in stock prices were the...
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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