Monthly Archives: November 2014

iM’s BCI Does Not Signal a Recession: Update November 27, 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. The BCI  at 186.3 up from last week’s downwards revised 185.3. No recession is signaled by both the derived indicators; BCIg, now  at 21.7 up from  last week’s downward revised 21.3, and BCIp at 100.0 indicates that, for this business cycle, BCI is at a new high.
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