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Global Economy affects U.S stock market returns

The global economy is currently in the depths of a synchronized global business-cycle contraction, first highlighted by us in June 2018. In March 2019 we followed up with Global Economic Activity slowing at the fastest pace since 2011. The chart below highlights the Global Leading Economic Indicator together with the percentage of countries tracked that have a rising Leading Economic Indicator: The percentage of countries with a rising LEI is an excellent 2nd-derivative, leading the global LEI consistently through the […]

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