From John Mauldin:
In the US, the leading economic indicators (LEI) continued to decline, but the leading indicators in the rest of the world were often much worse... These are results from the OECD's analysis of the leading economic indicators for a variety of countries. Notice in particular how poorly Russia and China are doing! Also remember that the LEI is about how the economy is expected to be doing in six months, not what is going on right now.
