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A negative direction. the index of u.s. leading economic indicators down and more sharply than anticipated. this is the 10th decline, monthly decline in a row. matt egan joins us now. matt, christine romans will say the trend is your friend. well, what does the trend show us here on the lei. this is an early warning system for the economy. and rather than looking at just one single economic indicator, they put together ten of them and looked at what does it say where the economy is going next and this report shows that for ten months in a row it is down. and the conference board which puts out this report, they say that is a signal that a recession is likely on the way. let me read you a key quote from this report. they say, quote, there was wise spread weakness in december indicating deteriorating conditions for labor markets manufacturing and housing and construction and financial markets in the month ahead and ....
Fans waited up to four hours on Jan. 20 at Tokyo's Ueno Zoological Gardens to catch a glimpse of a popular female giant panda, with only a month left before she is sent to China. ....