Stock prices no longer leading?
Stock prices are no longer leading indicators, with the cyclical economy leading earnings, according to @EPBResearch [https://x.com/i/status/2031377248024953083].
The stock market's traditional role as a predictor of economic turns may be diminishing. Cyclical areas of the economy are now more reliable indicators of corporate earnings. EPB Research's analysis suggests a shift in the relationship between economic cycles and stock market performance.
