What Are Leading Indicators Telling Us?

Earlier today Heritage Chief Investment Officer, Bob Weisse, shared our team’s thoughts on what’s next for the markets and economy during our Post-Summer Market Outlook webinar. Here’s a preview:


Leading economic indicators (LEIs) are flashing warning signs. The U.S. Treasury curve remains inverted, and the Conference Board’s LEI Index was flat year-over-year for the most recent July reading – historically, the index has crossed into negative territory preceding a recession, but there have been “false positives” as well.

Despite market concerns and the recent down draft in equities, we have seen recent economic data remain positive. Consumer confidence in August rose compared to July and ISM Manufacturing Index data indicates both the manufacturing and services sectors remain in expansion territory, albeit at a slowing rate.

What does it all mean for market returns? Is it a time of heightened risk or abundant opportunities? Watch our full post-summer market outlook to learn more, including:

  • The new data points that are driving stock and bond returns,
  • The asset classes our team finds most attractive now, and
  • The tools that investors should incorporate in this rapidly changing environment.
Click to access the full Post-Summer Market Outlook webinar.
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