A Framework That Provides Clarity
During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.
U.S. inflationary pressures were up slightly in June, as the U.S. future inflation gauge grew to 111.6 from 111.3 in May, according to data released Friday morning by the Economic Cycle Research Institute.
"The USFIG edged up in June after having dropped noticeably in May," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures, while still simmering, have come off the boil."
Even as central bankers get more hawkish, the data show there's a change underway that the Fed is likely to miss. More
Here are the key turning points underpinning the economic angst that won't go away. More
The U.S. goods trade deficit has tripled since recession, masking doubling in services trade surplus. More
ECRI's Achuthan spoke with Real Vision TV about the 2017 cyclical outlook, and more. More
June 19, 2017
Full Report: U.S. Essentials
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