U.S. households’ net worth is declining sharply for only the second time in 35 years (from Game of Trades via Twitter on July 7)…

Posted onJuly 27, 2023August 8, 2023AuthorPorter & Co.

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CategoriesBonds & Credit Markets, Consumer, Investment ChroniclesTagsInvestment Chronicles

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Next → Next post: The Conference Board’s Leading Economic Index (LEI) – which tracks a basket of indicators whose changes tend to precede changes in the real economy – also declined again in June, bringing its current “peak-to-trough” drawdown to -9.9%. Since 1960, contractions of this magnitude have only occurred when the economy was already in a recession (from Liz Ann Sonders via Twitter on July 21)…

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