Jobs Report & the Fed
ECRI's Lakshman Achuthan joined CNBC this afternoon to discuss the jobs data and how it may be recieved by the Fed as they consider next steps.
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.
ECRI's Lakshman Achuthan joined CNBC this afternoon to discuss the jobs data and how it may be recieved by the Fed as they consider next steps.
A summary measure of Yellen's 24-indicator "dashboard" contains virtually no information that cannot be gleaned from the jobless rate alone. More
A keystone of current market complacency is the growing conviction that, with wage growth flagging, the Fed will not hike rates sooner or faster than expected. More
September 19, 2014
Full Report: U.S. Cyclical Outlook