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A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

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Alan Greenspan's old prof...


"...Geoffrey Moore taught Alan Greenspan the ins and outliers of advanced statistics. "Greenspan did very well in my course," Moore recalls. After he became Fed chairman, Greenspan continued to look to his former teacher for economic guidance - notably in the form of a monthly inflation index that Moore refined over 60 years of studying business cycles...and how, by the way, would professor Moore grade his former pupil's performance at the Fed? Says Moore, "I think I'd have to give him an A.""