What is funny is that even The Conference Board has thrown in...

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    What is funny is that even The Conference Board has thrown in the towel. Their system of using ten 'Leading Economic Indicators' to forecast recessions had been working for over 60 years, but recently failed. They have since done some tweaks to try and get it to work, but it is effectively 'broken'. The analogy would be, there is stop light ahead, but the economy is saying "screw it, I'm going through anyway". Interesting times.
    https://hotcopper.com.au/data/attachments/7110/7110983-99e38ce3c0070a9ee63be0439a10a40d.jpg

 
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