We now discovered that the index is excessively driven by one of its components, the ratio of “ten year treasury bond yield” to “BAA corporate bond yield.”
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Why is M2 Still a Component of ECRI’s WLI?
M2 has been downgraded and excluded as a leading indicator, yet ECRI still include it in their WLI.
Posted in develop
With reference to Section 202(a)(11)(D) of the Investment Advisers Act:
We are Engineers and not Investment Advisers,
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