Sunday, 20 March 2016

US Equity and Economic Review: We Continue to Grind Slower, Edition

     The latest LEIs and CEIs showed continued weakness.  Half the leading indicators declined.  The manufacturing slowdown was evident, with the ISM new orders number negative for the last 6 months and manufacturers new orders down in 3 of the last 6 months.  In contrast, 3/4 of the coincident indicators rose.  However, the pace of increases for both numbers is slowing:



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