LEI or LIE !!!

http://briefing.com/Silver/Calendars/EconomicReleases/leader.html

7 of last 9 LEI readings were negative, do they call it "LEADING" indicators because it reads the past?

Or do "they" try and EXCUSE it away? this from their last reading !

With a 5th consecutive decline and a cumulative 6-month decline exceeding -1% the index suggests an economic contraction.
Briefing.com sees the current economy strong and self-sustaining and the index providing a false alarm.

**I find that rather amusing, does RR go against his PTI? does he say it gives a FALSE reading? then what good is it? (LEI)

Duratek...truth searched for and spoken here