Business Cycle Can't Be Repealed
Achuthan and Costello discuss how recessions are part and parcel of free-market economies.
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.
Achuthan and Costello discuss how recessions are part and parcel of free-market economies.
Has personal income growth ever remained this low for three months without the economy going into recession? More
For the past three months, year-over-year real personal income growth has stayed lower than it was at the start of each of the last ten recessions. More
ECRI's Achuthan talks with Henry Blodget about ECRI's recession call. More