The BCI at 201.9 is down from last week’s 234.7. Also, the 6-month smoothed annualized growth BCIg at -9.7 is down from last week’s -0.1. The BCI signaled a recession warning on 4/2/2020
With reference to Section 202(a)(11)(D) of the Investment Advisers Act:
We are Engineers and not Investment Advisers,
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