
This time *is* different. The U.S. Leading Economic Index (LEI) comprises ten indicators including manufacturing hours, unemployment , new orders, consumer goods, building permits, stocks, credit conditions, interest-rate spread, and consumer expectations. The LEI is treading water. For over 50 years, it bounced back from the bottom, signaling a new boom from an old bust. But now it struggles. The Bitcoin Investment Handbook shows how to read this signal (p 649-650).
