U.S. WLI Edges Up
The U.S. Weekly Leading Index (WLI) edges up to 139.6 from 139.5. The growth rate ticks down to 8.5% from 8.6%.
To put the economy in perspective please see links below:
- read Lakshman Achuthan's interview on The Telegraph "Fed Risks Lehman Blunder Repeat as US Recession Storm Gathers".
- read ECRI's "“Early” and “Late” Cycle Verdicts are Baseless".
- watch Lakshman Achuthan's interview on Reuters.
For a closer look at recent moves in the U.S. Weekly Leading Index, see the chart below: