ECRI Weekly Leading Index Down 10.5%

July 23rd, 2010 by Belisarius

We have crossed the -10.0% critical level which has historically predicted recession with 100% accuracy.

Chart 1. ECRI Weekly Leading Index

Source: Bloomberg

This entry was posted on Friday, July 23rd, 2010 at 8:43 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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