Comments on: ECRI Weekly Index Debate

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[...]ECRI Weekly Index Debate | Tainted Alpha[...]…

By: thomas adair

thomas adair — Wed, 30 Jun 2010 19:11:36 +0000

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thomasadair@live.com

By: Belisarius

Belisarius — Thu, 24 Jun 2010 09:47:41 +0000

But the fact remains that todays sell side research and mainstream media handles this piece of data differently than when it was turning positive.
It’s definitively not the holy grail, but taken in greater context it has proved to be, let’s say, at least useful.

By: MStigums

MStigums — Thu, 24 Jun 2010 00:14:20 +0000

Agree with the sentiment, but, “nobody we know criticized the ECRI as it bounced off the lows,” doesn’t ring true. I recall Mish Shedlock and Paul Krugrman piling on ECRI’s recovery call, saying that ECRI was blind to all the things that were “different this time.” I think ECRI had it right then, as they likely do now.