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During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

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U.S. Inflation Gauge Slips


U.S. inflationary pressures were off in November, as the U.S. future inflation gauge dipped to 102.0 from an upwardly revised 102.4 reading in October, first reported as 102.1, according to data released Friday morning by the Economic Cycle Research Institute.

"While staying a little above its springtime low, the USFIG fell further below its earlier highs," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures, which were already subdued, have softened slightly."

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