One of the ways policymakers, economists and others can determine the future trajectory of the economy is through the Leading Economic Index (LEI). This index is an economic indicator that…
What do men's underwear and lipstick have to do with the economy? Uh, not that! They're economic indices that you have probably never heard of. We have six more of…
The Nixon Shock is an event that changed the US dollar from being tied to a commodity, like gold. The US dollar became a fiat currency. Fiat currency is a…