Hlib Chabaniuk

Leading economic index forecasts U.S. economic growth, Ryan Detrick indicates

Leading economic index forecasts U.S. economic growth, Ryan Detrick indicates
Carson index points to U.S. economic growth

Ryan Detrick, chief market strategist at Carson Group, highlights that the firm's proprietary Leading Economic Index is pointing to quick improvement in the U.S. economy.

Detrick notes that this index correctly anticipated no recession in 2023 and 2024, while many other indicators suggested otherwise.

Detrick recently noted that small-cap stocks are outperforming the Mag 7 as market breadth expands, a trend that few analysts anticipated earlier this year (link). He has also discussed bull market momentum and recent streaks while engaging with peers from Wrigley rooftops (link). These updates follow his ongoing commentary on equity market trends.

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