Conference Board Revises 2024 Outlook Up

[ad_1] …to 1% y/y [1]. Their Leading Economic Indicator edges up slightly [2]. Justin Ho discussed their brightening view on  Friday’s Marketplace. Interestingly, the Conference Board sees near zero growth in 2024Q2-Q3. This is consistent with the term spread based predictions which show a high probability of recession in 2024Q2. Figure 1: GDP (bold black), … Read more