Sentiment & Stock Prices Spark Biggest Plunge In US Leading Economic Indicators In 17 Months Since December’s Trump-optimism-driven surge in Leading Economic Indicators (the first since last February), The Conference Board’s headline index has decelerated rapidly with March data released today plunging 0.7% MoM – the biggest drop since October 2023… Consumer Sentiment and Stock Prices were the biggest negative contributors, while Building Permits and Jobless Claims were the biggest positive contributors… That dragged the total index level down to its lowest since October 2016… “The US LEI for March pointed to slowing economic activity ahead,” said Justyna Zabinska-La Monica,… — Continue at ZeroHedge News : Read More
