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Keyword: lakshmanachuthan

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  • ECRI Update: Reaffirming The Recession Call ... Again

    05/12/2012 2:08:35 PM PDT · by blam
    Advisor Perspectives (DS Short) ^ | 5-12-2012 | DS Short
    ECRI Update: Reaffirming The Recession Call ... Again Advisor Perspectives (dshort.com) By Doug Short March 11, 2012 The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) is now at 0.1 as reported in today's public release of the data through May 4. This is essentially unchanged from last week. However, the underlying WLI again rose fractionally from an adjusted 124.6 to 125.4 (see the fourth chart below). ECRI Reaffirms it's the Recession Call ... Again The big news this week, however, is not the weekly data update but ECRI's latest reaffirmation of its recession call...
  • Rebound “not happening” in 2011

    07/11/2011 7:35:40 AM PDT · by Hojczyk · 8 replies · 1+ views
    Hotair ^ | July11 ,2011 | Ed Morrissey
    So says Lakshman Achuthan, co-founder of the Economic Cycle Research Institute. Why should we believe him? For one thing, Achuthan was one of the few who predicted a global industrial slowdown near the beginning of the second quarter. For another … er, isn’t it rather obvious by now? And actually, the news gets worse from there: With so much riding on – and priced into – an economic and earnings rebound in the second-half of the year, Achutan not only pours water on that, but ups the ante by saying he cannot rule out slumping into another recession in 2012....