Leading Economic Index Decline Adds to Recessionary Red Flags

The Conference Board’s Leading Economic Index showed another decline for October, suggesting the economy will finish the year on a low note. The LEI isn’t the only worrying trend pointing to an eventual recession. Even as the economy slows, the stock market could continue to climb in the near-term. But long-term worries persist. On Thursday, […]

Continue Reading

Billionaire Bond Investor Warns of 75% Chance of 2020 Recession Crunch – CCN.com

FILE PHOTO: Jeffrey Gundlach is sounding a recession alarm in election year 2020. | Source: REUTERS/Brendan McDermid/File Photo The fear of a US recession has been on the rise of late. Notable economist Robert Shiller recently said that he “wouldn’t be at all surprised” to see the US go into a recession next year, and […]

Continue Reading