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Cash dollars and stock market indicators (inflation, economy, crisis, finance)

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  • The Conference Board's Leading Economic Index fell to its lowest level since April 2020.  
  • It marks the first time since July 2022 that the gauge is not signaling a recession ahead. 
  • Still, the indicator is pointing to "near-to-zero" real GDP growth in the coming quarters. 

The soft landing camp just got another boost to its outlook for the US economy. 

The Conference Board's Leading Economic Index– a gauge of future economic activity — dropped 0.4% to 102.7 in January, signaling the lowest level since April 2020 when the US economy was struck by the COVID-19 pandemic-spurred lockdowns. 

Tags
economy, Markets, Recession, soft-landing, leading-economic-index, inflationary-pressures, federal-reserve, fed-rate-cuts, gdp-growth, conference-board
Source
A closely watched gauge of economic activity says no recession headed for the US