Investors concerned that the U.S. economy may fall into recession in the near future may be missing a very simple and highly-correlated leading indicator of U.S. GDP growth: semiconductor billings.
According to Andrew Zatlin of Moneyball Economics, the U.S. semiconductor business has been an excellent bellwether for the U.S. economy ever since the bursting of the Dot Com Bubble.
“Semiconductors are the lifeblood of the modern economy,” Zatlin writes. “If a semiconductor isn’t in it, ...
/www.benzinga.com/analyst-ratings/analyst-color/16/04/7861911/look-to-semiconductors-if-you-really-want-to-understand- alt=Look To Semiconductors If You Really Want To Understand U.S. GDP>Full story available on Benzinga.com
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