like an inverted yield curve, for example.
But according to market veteran Ed Yardeni, there's a bullish response to the concerns most often recited by bearish economists. These are five reasons why some economists still expect a recession, and Yardeni's bullish response to each one, according to a Saturday note.Since the Index of Leading Economic Indicators peaked at a record high in December 2021, it has fallen 9.4% through May. This index has correctly anticipated the previous eight recessions with an average lead time of 12 months.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooNews - 🏆 380. / 59 Read more »