Yearly Archives: 2014

iM’s BCI Does Not Signal a Recession: Update December 11, 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 185.0 is down from last week’s downwards revised 186.2. No recession is signaled by both the derived indicators; BCIg, expressed to one decimal place at 21.3 is down from  last week’s 21.7, and BCIp at 88.7  indicates that, for this business cycle, BCI is slightly down from it’s previous peak.
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Posted in BCI
With reference to Section 202(a)(11)(D) of the Investment Advisers Act: We are Engineers and not Investment Advisers, read more ...
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