US Leading Economic Indicators Tumble For 13th Straight Month, "Weaknesses Were Widespread"
From Greg M
The Conference Board's Leading Economic Indicators (LEI) continued its decline in April, dropping 0.6% MoM (in line with the 0.6% decline expected).
The biggest positive contributor to the leading index was stock prices at 0.16
The biggest negative contributor was average consumer expectations at -0.26
This is the 13th straight monthly decline in the LEI (and 14th month of 16) - the longest streak of declines since 'Lehman' (22 straight months of declines from June 2007 to April 2008)
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I am posting this here because I thought this was an interesting take. This guy is a former Marine. He makes a very good point in his short tweet!
HERE IS IT
Lucas Gage
@Lucas_Gage_
"Go Woke, go broke" is a cope.
Black Rock and Vanguard own virtually every company. When you boycott one, you buy products from another one they own. So they couldn't care less that Company X has lost 1.5 billion market cap, while you're buying from Company Y, increasing its market cap.
Moreover, these people are in cahoots with those who run the central banks; they will never run out of money, but you can. In fact, you're the one going broke, not them.
And finally, many of you fail to understand that these parasites don't care about profits; they care about power. The way the secure this power is through social engineering; winning the hearts and minds of the next generation is worth every penny "lost" to them. You think you're the target of these campaigns? You're not; you're children are. In fact, this isn't about you at all; and the problem is, most people think it is.
Until Americans stop being hyper-individualist, Mammon-worshiping slaves, they will never defeat the hyper-collective, unified Parasite Class
And the band played on...as McCarthy did an about face and the whole corruption scam involving Hunter laptop suddenly became a non-issue as well. People we can trust? No, only strongly just signaling that they would actually do the right thing. Ends up the band plays “Taps!!”