Leading Economic Index (for US) - Up .4% in April 2014

LEI Up .4% April

SOURCE:  http://www.conference-board.org/data/bcicountry.cfm?cid=1

Also see MSCI EAFE  (click on the first one) for a global chart (down .56% for the month):

Source: http://www.msci.com/products/indexes/size/standard/performance.html

What does this mean?

JP:  LEI is up a little; 3rd Year of 2nd presidential term is probably very bullish,  S & P and MSCI EAFE trend appears to be is up;  larger deficit & higher taxes is probably bullish; war is probably eventually bullish, I think; P/E probably irrelevant; and lastly,  I flipped my bull/bear coin and it was a bull.   But (an adversative correlative, i.e., forget everything before the "but"), maybe purchasing rental residential real estate is a better deal. Low interest rates & no doc loans coming.  Maybe go long residential & short shopping centers, with a long term SPY put.   HELP!