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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.

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ECRI WLI Growth Slips


A measure of future U.S. economic growth increased last week while the annualized growth rate slowed, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index rose to 131.9 in the week ended Dec. 20 from 130.9 the previous week.

The index's annualized growth rate decreased to 1.9 percent from 2.1 percent a week earlier.

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Becoming Japan: Update

ECRI December 11, 2013

The ECB rate cut was spurred by a “surprise” drop in Eurozone inflation in Oct. But, U.S. inflation was even lower then, and the Fed’s key inflation measure fell further below its 2% target. More

 

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