Monthly Archives: October 2014

iM’s BCI Does Not Signal a Recession: Update October 30, 2014

Knowing when the U.S. Economy is heading for recession is paramount for successful investment decisions. Our weekly Business Cycle Index (BCI) would have provided early reliably warnings for the past seven recessions. This week, the BCI  at 183.4 up from last week’s downward revised 182.3. No recession is signaled by both the derived indicators; BCIg, now  at 20.6 is near last week’s downward  revised 20.4, and BCIp at 100.0 indicates that, for this business cycle, BCI is at a new high.
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