Markets

However Wrong ECRI Might Have Been, Recession Risk Remains

The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) slipped again in today’s update. It is now at 129.1 versus the previous week’s 129.7 (revised from 129.6). See the WLI chart in the Appendix below. The WLI annualized growth indicator (WLIg) also eased, now at 7.6, down […]
However Wrong ECRI Might Have Been, Recession Risk Remains
Markets

According To ECRI’s Lakshman Achuthan, We Are 8 Months Into A Recession

The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) slipped in the latest public data. It is now at 129.7 versus the previous week’s upwardly revised 130.7 (previously 130.6). See the WLI chart in the Appendix below. However, the WLI annualized growth indicator (WLIg) rose, now at […]
According To ECRI’s Lakshman Achuthan, We Are 8 Months Into A Recession
Markets

Why ECRI’s Weekly Recession Indicator Has Little Credibility

The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) rose in the latest public data. It is now at 130.6 versus the previous week’s 130.4. See the WLI chart in the Appendix below. Likewise the WLI annualized growth indicator (WLIg) rose, now at 7.2, up from last […]
Why ECRI’s Weekly Recession Indicator Has Little Credibility
Markets

Lakshman Achuthan’s Imaginary Recession Is Now In Its Seventh Month

The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) rose in the latest public data. It is now at 128.3 versus the previous week’s 126.6 (which is an upward revision from 126.4). See the WLI chart in the Appendix below. Likewise the WLI annualized growth indicator (WLIg) […]
Lakshman Achuthan’s Imaginary Recession Is Now In Its Seventh Month
Markets

So, Is This The End Of ECRI’s Lakshman Achuthan?

[credit provider=”Bloomberg” url=”http://www.bloomberg.com/video/ecri-s-achuthan-defends-call-for-u-s-recession-BhnZZoJ3S8GB6V9sFCeeTw.html”] Wall Street analysts put their reputations at risk everytime they publish a forecast.  And that risk rises exponentially when those forecasts go against the consensus.Few analysts have been more aggressive about their non-consensus calls than ECRI’s Lakshman Achuthan, who predicted in September 30, 2011 that the U.S. […]
So, Is This The End Of ECRI’s Lakshman Achuthan?