By Robert Hughes
AIER's Leading Indicators index remains neutral in June; policy remains biggest risk
AIER's Leading Indicators index was unchanged in June, holding at the neutral reading of 50. The Lagging Indicators index was also unchanged in the latest month, repeating the May result of 42. The Roughly Coincident Indicators index fell for a second straight month, to 58 (see chart). The back-to-back neutral 50 readings for the Leading Indicators index reflect the uneven performance of and high degree of uncertainty in the U.S. economy.
A strong rebound in job creation in June all