Browsing Tag

ECRI

Inventory Cycle Has Run Its Course

The ISM manufacturing index fell much more than expected, but close to what our models were foreshadowing — down 3.5 points, to 56.2 in June, the low-water mark of the year. The number of industries reporting growth fell to 13 from 16 in…

The Risk of Recession

A post by John Mauldin. In this issue: The Risk of Recession The Leading Indicators Are Starting to Turn Terms of Trade and US Real GDP Bernanke at the Crossroads Vancouver, Maine, and San Francisco We are…

Hussman: Cliffhanger

The following is an excerpt from John Hussman's latest Weekly Market Commentary. I noted last week that we are closing in on a syndrome of indications that has always and only appeared during or immediately prior to recessions. At present,…

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