The Department of Labor changed their calculation method for the seasonally adjusted data (explained here) which manifests itself in a downward revision in the BCI. Both the BCIg and BCIw are signalling a recession.
With reference to Section 202(a)(11)(D) of the Investment Advisers Act:
We are Engineers and not Investment Advisers,
read more ... By the mere act of reading this page and navigating this site you acknowledge, agree to, and abide by the Terms of Use / Disclaimer