ECRI Indicator Set to Post an Another Interim High Tomorrow
This morning I received a pair of charts from Dwaine van Vuuren in anticipation of tomorrow's weekly update from ECRI on the company's Weekly Leading Index (WLI) and Weekly Index Growth (WLIg).
The two charts illustrate the why many of us continue to be amazed at ECRI's adamant position on its September 2011 recession call and its subsequent assertion that a recession started in July of last year.
The first one below shows the WLIg, poised to post its highest reading since May 14, 2010.
The next one shows the WLI itself.
For additional information, check out Dwaine's Shadow Weekly Leading Index Project.
Dwaine van Vuuren is CEO of RecessionALERT.com, a provider of investment research.
Source: Advisor Perspectives
About Doug Short
Doug Short Archive
|07/15/2016||The Big Four Economic Indicators: June Industrial Production Rebounds||story|
|07/13/2016||The Big Four Economic Indicators: June Nonfarm Employment||story|
|07/11/2016||NYSE Margin Debt Decreased in May||story|
|07/01/2016||The Big Four Economic Indicators: Real Personal Income for May||story|
|06/16/2016||The Big Four Economic Indicators: May Industrial Production Disappoints ... Again||story|
|06/07/2016||The Big Four Economic Indicators: May Nonfarm Employment||story|
|06/02/2016||A Closer Look at the This Mornings's ADP Employment Report||story|
|05/18/2016||The Big Four Economic Indicators: April Real Retail Sales Up 0.8%||story|
|05/13/2016||Michigan Consumer Sentiment: Rebound in May, Highest in Nearly a Year||story|
|05/09/2016||The Big Four Economic Indicators: April Nonfarm Employment||story|