Business Cycle Index:
The positive employment data continues and is offsetting this week’s downward trend of the S&P500.
The BCI marginally increased to 155.5 and the BCIg increased slightly to 21.2; both signalling a economy far from a recession.
With reference to Section 202(a)(11)(D) of the Investment Advisers Act:
We are Engineers and not Investment Advisers,
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