US Leading Economic Indicators continue to point up - and by a RECORD amount. (unemployment, revolution)
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For those of you out there who seem fixiated on belittling my optimism about the economy - the Index of LEI is the REASON I've been so optimistic since last March/April (when the LEI first began pointing towards a recovery). Since that time the LEI have CONTINUED to point to recovery - and the latest numbers represent a RECORD increase.
As I've been saying for MONTHS now - 2010 is going to see a huge improvement in the economy. It won't be totally healed of course - that will take AT LEAST year or so after this one, but by the end of this year the recovery will be pretty well underway and hard to ignore.
US Leading Economic Index Hits Record High in March
A gauge of the U.S. economy's prospects rose more strongly than expected to a record high in March, pointing to a steady economic recovery, a private research group said Monday.
The Conference Board said its index of leading economic indicators increased 1.4 percent, rising for the 12th straight month, after an upwardly revised 0.4 percent gain in February.
For those of you out there who seem fixiated on belittling my optimism about the economy - the Index of LEI is the REASON I've been so optimistic since last March/April (when the LEI first began pointing towards a recovery). Since that time the LEI have CONTINUED to point to recovery - and the latest numbers represent a RECORD increase.
As I've been saying for MONTHS now - 2010 is going to see a huge improvement in the economy. It won't be totally healed of course - that will take AT LEAST year or so after this one, but by the end of this year the recovery will be pretty well underway and hard to ignore.
US Leading Economic Index Hits Record High in March
A gauge of the U.S. economy's prospects rose more strongly than expected to a record high in March, pointing to a steady economic recovery, a private research group said Monday.
The Conference Board said its index of leading economic indicators increased 1.4 percent, rising for the 12th straight month, after an upwardly revised 0.4 percent gain in February.
The LEI has been rising for 12 straight months but the labor situation has still not reaped the effects.
I am very concerned that high unemployment levels will be very stubborn.
And that is the most important part of any recovery- job creation.
The LEI has been rising for 12 straight months but the labor situation has still not reaped the effects.
I am very concerned that high unemployment levels will be very stubborn.
And that is the most important part of any recovery- job creation.
Oh unemployment IS being stubbon no doubt about it - but as per the numbers last month when over 160,000 net jobs were created (120,000 or so in the private sector) THAT is starting to change too. The numbers to be released THIS month will be even better and the month after that better yet. As I've been saying since last fall - "job creation will begin in the spring" - and that's EXACTLY what's happening.
A lot of people have been focusing on the economic indicators in that famous area of the world, "De-Nile". Seems to be the focus of many right wingers.
For those of you out there who seem fixiated on belittling my optimism about the economy - the Index of LEI is the REASON I've been so optimistic since last March/April (when the LEI first began pointing towards a recovery). Since that time the LEI have CONTINUED to point to recovery - and the latest numbers represent a RECORD increase.
As I've been saying for MONTHS now - 2010 is going to see a huge improvement in the economy. It won't be totally healed of course - that will take AT LEAST year or so after this one, but by the end of this year the recovery will be pretty well underway and hard to ignore.
US Leading Economic Index Hits Record High in March
A gauge of the U.S. economy's prospects rose more strongly than expected to a record high in March, pointing to a steady economic recovery, a private research group said Monday.
The Conference Board said its index of leading economic indicators increased 1.4 percent, rising for the 12th straight month, after an upwardly revised 0.4 percent gain in February.
I hope that you're right. Nobody (right or left) should want to see the economy to go down the tubes.
Those who want it to go down in flames believe it will be reborn phoenix-like into a new kind of economy/country/world/ect. that will be better than before.
They always forget to look at the historical track record for revolutions... they come at a very high price and things usually just get worse before they get better.
Those who want it to go down in flames believe it will be reborn phoenix-like into a new kind of economy/country/world/ect. that will be better than before.
They always forget to look at the historical track record for revolutions... they come at a very high price and things usually just get worse before they get better.
Yup.
Most revolutions are a disaster.
Ken
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