Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: carranza2 who wrote (90192)	9/6/2009 7:47:49 AM
From: GROUND ZERO™	1 Recommendation Read Replies (1) of 94695

Maybe, but facts can be stubborn while opinions can change... The Conference Board Leading Economic Index™ (LEI) for the U.S. Increases Again Fourth Consecutive Increase NEW YORK, August 20, 2009…The Conference Board Leading Economic Index™ (LEI) for the U.S. increased 0.6 percent in July, following a 0.8 percent gain in June, and a 1.2 percent rise in May. Says Ken Goldstein, Economist at The Conference Board: “The indicators suggest that the recession is bottoming out, and that economic activity will likely begin recovering soon. The Coincident Economic Index was flat in July – the first time it did not register a decline since October 2008. The Leading Economic Index, which has increased for four consecutive months, suggests that the CEI will turn positive soon.” The Conference Board Coincident Economic Index™ (CEI) for the U.S. was unchanged in July, following 0.4 percent declines in both June and May. The Conference Board Lagging Economic Index™ (LAG) declined 0.3 percent in July, following a 0.7 percent decline in June, and a 0.6 percent decline in May. conference-board.org GZ

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