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 shares images and notes from recent presentations in Oslo and Chicago.
We are now in the Yo-Yo Years as described by ECRI early last year. Meanwhile, even though some economic data seems stronger on the surface, U.S. Nominal GDP growth is recessionary and we are below a "stall speed" measure highlighted by the Fed. And this isn't the first time the stock market has risen through a recession.
Click here to download the presentation.
In a few interviews this week we discussed ECRI's recent presentation, Recession in the Yo-Yo Years. Each interview clip covers different aspects of that presentation as described below. More
On Sunday April 7 Lakshman Achuthan joins "On the Money" with Maria Bartiromo to discuss the cyclical outlook in the context of recent economic data. The interview will air at 11:30 AM (ET) on WNBC and also at 7:30 PM (ET) on CNBC.
February 22, 2013
Full Report: U.S. Cyclical Outlook
SHARE