Atypical Global Recovery Underway
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The Global Leading Economic Indicator (GLEI) rose for the month of March, but is following an atypical growth pattern coming out of recession, with a slope far shallower than the normal expected rebound. Also noteworthy this month is that the percentage of countries with rising LEI's seems to have stalled-out at 69%. This is concerning at this stage of the recovery and only 5 months with the LEI above zero.
To read the full analysis on RecessionAlert, click here.
Dwaine van Vuuren is CEO of RecessionALERT.com, a provider of investment research.