ECRI Leading Indicator Breaches Critical -10 Threshold, Hits -10.5
July 24th, 2010
“If in addition to 85% of the economic data releases in the past month coming below expectations was not enough, the ECRI leading indicator has just came below the critical threshold of -10%, which according to Rosenberg has virtually assured recessions based on data from the past 50 or so years,..”
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