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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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Interest Rates Weigh on Dow


The stock market continued its month long slide Monday, with the Dow Jones industrial average and the Nasdaq both closing at low points for the year. One of the main reasons: too much good news...

"It may just be the market recognizing that the economy may downshift in the future at some point," said Lakshman Achuthan, managing director of the Economic Cycle Research Institute, an independent forecasting group in New York. "Now having said that, that's not the end of the world. It doesn't mean anything necessarily dire."...