Q2/2020 Leading indicators signal shrinking world economy
salkkueconomy.substack.com
Onset of global slowdown coincided with coronavirus rendered leading indicators useless, as stock markets took a sharp downturn at the beginning of March. Leading indicators LEI and composite PMI indicated slowing global economy already in February, but sadly those readings came just after market crashed.
Q2/2020 Leading indicators signal shrinking world economy
Q2/2020 Leading indicators signal shrinking…
Q2/2020 Leading indicators signal shrinking world economy
Onset of global slowdown coincided with coronavirus rendered leading indicators useless, as stock markets took a sharp downturn at the beginning of March. Leading indicators LEI and composite PMI indicated slowing global economy already in February, but sadly those readings came just after market crashed.