Investment Updates
4Q '22 Is Closing Strong, But Recession Expected In 1Q '23
Published Friday, December 23, 2022 at: 8:28 PM EST
The good news is November data continue to come in strong, but the bad news is that a key forward looking indicator is signaling the economy is about to suddenly lose momentum.
Strong economic data for November continued to come in but the forward-looking index of Leading Economic Indicators for the U.S. fell sharply in November, marking its ninth straight monthly decline.
This article was written by a professional financial journalist for Advisor Products and is not intended as legal or investment advice.
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