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 is near last week’s downwards revised 186.2. No recession is signaled by both the derived indicators; BCIg, expressed to one decimal place is unchanged from last week’s 21.7, and BCIp at 100.0 indicates that, for this business cycle, BCI is at a new high.
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