US Leading Economic Indicators Tumble Most In Over 2 Years | ZeroHedge

Since December's Trump-optimism-driven surge in Leading Economic Indicators (the first since last February), The Conference Board's headline index has decelerated rapidly with April data released today plunging 1.0% MoM – the biggest drop since March 2023…

Source: Bloomberg

Once again, Consumer Sentiment (cough UMich Democrats) and Stock Prices were the biggest (more…)

Continue ReadingUS Leading Economic Indicators Tumble Most In Over 2 Years | ZeroHedge

Goldman Raises Oil Demand Outlook | ZeroHedge

Authored by Irina Slav via OilPrice.com,

  • Goldman Sachs has increased its global oil demand forecast but maintained its price predictions for Brent crude and WTI for the current year, despite current trading values exceeding those projections.

  • The potential for a US-Iran nuclear deal and the progression of the tariff war are significant factors creating uncertainty in the oil market, influencing forecasts and potential price fluctuations.

  • Future oil prices could drop (more…)

Continue ReadingGoldman Raises Oil Demand Outlook | ZeroHedge