…an independent advisory firm building wealth with active portfolio management

Tag: Recession

  • Economic conditions continue to DETERIORATE 221222

    Economic conditions continue to DETERIORATE 221222

    As illustrated in The Conference Board’s Leading Economic Indicators (LEI), economic conditions are further worsening and for the fourth straight month are predictive of a 2023 recession.  (see chart) The LEI dropped below neutral (Warning signal) in July but remained above -4% (pending Recession signal) where it appeared to bounce off a low.  A recovery…