Conference Board LEI Edged up in February 2020 The Conference Board Leading Economic Index (LEI) edged up 0.1 percent in February, following a 0.7 percent increase in January. The US LEI rose slightly in February, but it doesn't reflect the impact of the Covid-19 pandemic which began to hit the US economy in early March. [...]
Domestic Chaos We begin the last week of winter in domestic chaos. Public schools closed, universities closed, no professional basketball, no professional baseball, no professional hockey. On Sunday night, Ohio closed all bars and restaurants to sit down eating, strictly takeout. Stock trading was stopped halted at the open with the Dow down 2300 points, [...]
The Longest Bull Market Ended Wednesday The longest bull market ended Wednesday as the Dow retreated 20% from its February high, which could also mean an end to the economic expansion we have enjoyed for over 10 years. Time will tell on that one. Small Business Optimism Index Rose in February The National Federation of [...]
