A worse-than-expected 0.3% MoM drop in the Conference Board leading economic index, ending the year with 5 down months in the last six.
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The biggest positive contributor to the leading index was stock prices at 0.09
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The biggest negative contributor was jobless claims at -0.
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The LEI is clearly not recovering...
And on a year-over-year basis, the LEI is up just 0.1% - its weakest YoY move since Nov 2009...
"Probably nothing"
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