Skip to content




ECRI: Global Economic Slowdown This Summer

There was a time last summer when many were focused on the downdraft in the ECRI leading indicator.  It turned out that the double dip recession never came and ECRI lost its media spotlight.  Undeterred, ECRI founder Lakshman Achuthan is back on the news predicting a summer slowdown:

 

 

Going back to the ECRI growth rate, we only see a slow down in the rate of growth:

 

You can read about the Economic Cycle Research Institute here, or purchase their book to read how they believe you should use their indicators:

Beating the Business Cycle: How to Predict and Profit From Turning Points in the Economy

How can you make wise decisions about your company and your personal future when you have no idea where the economy is headed?
The answer is, you can’t. But you can learn how to accurately predict turns in the economy so that you can see the road ahead. And
BEATING THE BUSINESS CYCLE shows you how.

In BEATING THE BUSINESS CYCLE, Lakshman Achuthan and Anirvan Banerji, the directors of the renowned Economic Cycle Research Institute (ECRI) show how anyone can predict and profit from the inevitable booms and busts of the economy.

Why should we believe them? Because while so many economists and financial gurus have failed to predict recessions in the past, ECRI’s forecasts are known for being uncannily accurate. The institute successfully predicted the U.S. recession of 2001 many months before the economists did; the 1990 recession and later recovery; and most recently, the weak U.S. recovery in 2002. ECRI is in constant demand by corporate America and the media. It is the “secret weapon” of companies from Disney to DuPont, the major fund managers, and many central banks.

BEATING THE BUSINESS CYCLE is the first book to reveal how decision makers at all levels–managers, small business owners, and individuals–can see into the economy’s future when making key decisions. Should a large company search out new clients and build new factories or stores, or should it consider cost cutting and layoffs? Is it the right time for you to splurge on that luxury vacation or addition to your house, or would it be more prudent to cut back on big expenditures and save money for a rainy day?
Written in an easy-to-understand, accessible style, BEATING THE BUSINESS CYCLE reveals which of the hundreds of economic indicators to trust and which ones to trash. It will give you the tools and confidence you need to make the right decisions at the right times–even when the rest of the investing and business world would persuade you otherwise. Whether you are a corporate manager or the owner of a small business, whether you have your money invested in stocks or in your home, BEATING THE BUSINESS CYCLE will give you the edge you need to trump the competition and stay ahead of the crowd.

Be Sociable, Share!

Posted in Economics, Markets, Media.

Tagged with , .


2 Responses

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.

  1. Mary says

    Confused… your intro seems to suggest that ECRI was leading the way in predicting a double-dip last summer, when in fact they were pushing against that narrative.

    http://www.businesscycle.com/news/press/1909/

  2. SurlyTrader says

    In my opinion, ECRI was hedging their bets. They did not like these kind of stories that said guaranteed double dip: http://www.zerohedge.com/article/ecri-index-continues-plunge-drops-22-57-and-just-43-away-guaranteed-double-dip-territory



Some HTML is OK

or, reply to this post via trackback.



Get Adobe Flash player
Copyright © 2009-2013 SurlyTrader DISCLAIMER The commentary on this blog is not meant to be taken as an investment advice. The author is not a registered investment adviser. There is no substitute for your own due diligence. Please be aware that investing is inherently a risky business and if you chose to follow any of the advice on this site, then you are accepting the risks associated with that investment. The Author may have also taken positions in the stocks or investments that are being discussed and the author may change his position at any time without warning.

Yellow Pages for USA and Canada SurlyTrader - Blogged

ypblogs.com