ECRI

Bottom line: I think we are in the technical recovery phase of a double dip recession that is a once in a generation period of balance sheet repair. To me, it’s a depression. Irrespective of what you call this thing we are living through,…

ECRI’s underlying message is this: we are in a decade-long post-credit crisis struggle which will mean high unemployment even if policy makers focused on jobs, which they have not.

Achuthan proved to be an accurate forecaster of the economy throughout the double dip scare last year. Timing-wise, this dip is similar. I would say, though, Achuthan seems less optimistic this year than last. Take a look.

Global Economic Intersection announced Monday that its economic indicator (EEI) had slipped slightly into negative territory for the first time since February 2010. Some other economic indicators have shown improvement over their levels…

This is the analysis emanating from the ECRI: (CNN) - Op-Ed by Lakshman Achuthan and Anirvan Banerji The good news is that the much-feared double-dip recession is not going to happen. That is the message from leading business…

by Annaly Capital Management Bank of Canada Governor Mark Carney delivered a speech yesterday in Ontario that contained two observations that we think are certainly true: · “Insights from financial markets are somewhat fleeting at the…

by Comstock Partners Last week, toward the end of our comment on consumer deleveraging, we mentioned that the year-over-year change in the ECRI Weekly Leading Indicator had strongly suggested the distinct possibility of recession. In…

By Annaly Capital Management There was a heavy economic data schedule in the back half of this week. On Thursday we got Industrial Production (IP) and Capacity Utilization (Cap-U) for June, along with Philly Fed Business Conditions and…

The ECRI Weekly Leading Index (WLI), a measure of future U.S. economic growth stands at 120.6 unchanged from a week ago. We first began actively talking about the WLI in April as a predictive indicator for either sustained recovery or a…