Recession Bells Ring Louder As Conference Board's LEI Sinks
Source: SeekingAlpha
2025-07-24 03:30:00 ET
The U.S. economy’s "early-warning siren" just grew louder. The Conference Board reported Monday that its Leading Economic Index (LEI) fell 0.3 percent in June to 98.8—a level not seen since 2020. The decline extends the LEI’s losing streak to 18 of the last 19 months and pushes its six-month drop to 2.8 percent. With the Board’s own recession model now flashing red for a third straight month, investors are again weighing whether a downturn lurks just over the horizon—and many are parking cash in gold , which traded as high as $3,401 an ounce during the session....
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Recession Bells Ring Louder As Conference Board's LEI Sinks
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