Change the view to last 5 years… Just a quick sample.
All over 4% (Probably Nothing)
- The Conference Board’s Leading Economic Indicators index indicated that conditions worsened in September.
- While not usually considered a major data point, the LEI, combined with Fed rate hikes, is signaling trouble for the economy.
- “We went from a Fed that was way too easy to being irresponsibly tight,” said Joseph LaVorgna, chief U.S. economist at SMBC Capital Markets.
According to the National Association of Realtors in its report. Compared to the peak in October 2020, existing home sales were down 30%
h/t John Dutton