Why The Leading Indicators Failed? (Video)

Leading indicators declined for three years with no recession - here is what actually happened.

Leading indicators declined for nearly 3 years straight, and no recession has occurred (so far).

This wasn’t a random fluke. There were a couple of forces at work that distorted the traditional signals, and understanding what happened is one of the most important lessons of this business cycle.

I put together a full animated breakdown on YouTube, walking through exactly what drove the divergence between leading and coincident data, and what it means for how we use these tools going forward.

Watch it here:

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