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Confusion Among Leading Indicators – ECRI & LEI

Time To Recession-Proof Your Portfolio
Parsimony Investment Research November 18, 2011
Confusion Among Leading Indicators

Economic Cycle Research Institute (“ECRI”) chief Lakshman Achuthan recently took some heat from CNBC hosts on the ECRI’s vocal recession call. Detractors have focused on increases in equity market prices and mixed economic indicators including better employment data as indicators that the U.S. will stay out of recession.

The chart below outlines the differences between ECRI’s leading index and the Conference Board’s Leading Indicators (source: Bloomberg

http://seekingalpha.com/article/308845-time-to-recession-proof-your-portfolio

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