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Daily Archives: March 6, 2013
The US business cycle in the context of the yo-yo years
Economic Cycle Research Institute(ECRI)CEO, Lakshman Achuthan presented to the Chicago CFA Society this week and reaffirmed the ECRI’s call that the US economy is likely already in recession today. He reminded the audience that the last US recession began in … Continue reading
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Nenner: Dow drop to 5000 starting this year
Charles Nenner Research Center Executive Director Charles Nenner discusses the markets and his cycle work which suggests that the Dow is likely to drop to 5,000 starting this year. Here is a direct link. The point is not that stocks … Continue reading
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The debt debate
Joe Scarborough and Paul Krugman debated debt last night on Charlie Rose. The trouble with the can-kick crew personified in Mr. Krugman is that they never think it is a good time to cut government spending (or invest for the … Continue reading
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