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Follow the Leaders

The Conference Board Leading Economic Index (LEI), one of our Five Forecasters, provides a valuable monthly guidepost regarding where we are in the economic expansion. The latest... More
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The S&P 500, Dow Jones Industrials, and other major indexes have recently broken out to new highs. But this commentary is not about the breakouts in... More
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Brexit Breakdown

Financial markets reacted swiftly and sharply on Friday, June 24, 2016, to the unexpected decision by the United Kingdom (U.K.) to leave the European Union (EU) in... More
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Brexit Reflections

  The United Kingdom’s (U.K.) unexpected decision to leave the European Union (EU) sent markets reeling on Friday (June 24, 2016). The S&P suffered a 3.6% decline,... More
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Can China’s Cracks Be Repaired

China’s increasing debt may be approaching the tipping point. China’s economic growth has been driven largely by capital investments—buildings, roads, factories, even entire cities—since the 1990s. In... More