By Liz Ann Sonders
Most regular readers know that I keep a close eye on leading economic indicators, especially at possible economic inflection points. There are two popular indexes that track a multitude of individual leading indicators - one published by The Conference Board (TCB) and one published by the Economic Cycle Research Institute (ECRI). Both are shown below.
LEI's Rollover?
Source: Charles Schwab, FactSet, The Conference Board, as of December 31, 2018.
WLI's Rollover
Source: Charles Schwab, ECRI (Economic Cycle Research Institute), as of January 18, 2019.
I prefer the Leading Economic Index (LEI)