{"id":1531542,"date":"2025-04-21T14:15:49","date_gmt":"2025-04-21T18:15:49","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1531542"},"modified":"2025-04-21T14:15:49","modified_gmt":"2025-04-21T18:15:49","slug":"sentiment-stock-prices-spark-biggest-plunge-in-us-leading-economic-indicators-in-17-months","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/sentiment-stock-prices-spark-biggest-plunge-in-us-leading-economic-indicators-in-17-months\/1531542\/","title":{"rendered":"Sentiment &amp; Stock Prices Spark Biggest Plunge In US Leading Economic Indicators In 17 Months"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Sentiment &amp; Stock Prices Spark Biggest Plunge In US Leading Economic Indicators In 17 Months<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Since <a href=\"https:\/\/www.zerohedge.com\/economics\/trump-effect-us-leading-economic-indicators-positive-first-time-feb-2022\">December&#8217;s Trump-optimism-driven surge<\/a> in Leading Economic Indicators (the first since last February), The Conference Board&#8217;s headline index has decelerated rapidly with March data released today <strong>plunging 0.7% MoM &#8211; the biggest drop since October 2023&#8230;<\/strong><\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm36F1.jpg?itok=q-kJ7DC-\"><\/a><\/p>\n<p><strong>Consumer Sentiment and Stock Prices were the biggest negative contributors<\/strong>, while Building Permits and Jobless Claims were the biggest positive contributors&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmCC63.jpg?itok=e9tMD3Gt\"><\/a><\/p>\n<p>That dragged the total index level down to its lowest since October 2016&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmC297.jpg?itok=DBjNlHaw\"><\/a><\/p>\n<p>\u201cThe US LEI for March pointed to slowing economic activity ahead,\u201d said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board.<\/p>\n<p><em><strong>&#8220;That said, the data does not suggest that a recession has begun or is about to start.<\/strong>\u00a0<\/em><\/p>\n<p><em>Still, the Conference Board downwardly revised our US GDP growth forecast for 2025 to 1.6%, which is somewhat below the economy\u2019s potential.\u00a0<\/em><\/p>\n<p><em>The slower projected growth rate reflects the impact of deepening trade wars, which may result in higher inflation, supply chain disruptions, less investing and spending, and a weaker labor market.&#8221;<\/em><\/p>\n<p>The LEI\u2019s six-month growth rate ticked down in March, but <strong>remained well above the recession threshold<\/strong><\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2025-04-21_07-10-53.jpg?itok=AX-lrN7y\"><\/a><\/p>\n<p>So the economy is doomed (ish) because stocks and sentiment are down&#8230; because investors are pricing in a doomed economy&#8230;?<\/p>\n<p><strong>Perhaps the word &#8216;leading&#8217; in this index is misleading&#8230;<\/strong><\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Mon, 04\/21\/2025 &#8211; 10:15<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/economics\/sentiment-stock-prices-spark-biggest-plunge-us-leading-economic-indicators-17-months\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/economics\/sentiment-stock-prices-spark-biggest-plunge-us-leading-economic-indicators-17-months<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sentiment &amp; Stock Prices Spark Biggest Plunge In US Leading Economic Indicators In 17 Months Since December&#8217;s Trump-optimism-driven surge in Leading Economic Indicators (the first&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1531543,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1531542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1531542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1531542"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1531542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1531543"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1531542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1531542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1531542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}