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iM Update* – April 7, 2023
Posted in pmp paid update
iM’s Business Cycle Index Signals an Imminent Recession – Update 4/7/2023
- Knowing when the U.S. economy is heading for recession is paramount to successful investment decisions.
- Our weekly Business Cycle Index would have provided early reliable warnings for the past seven recessions and signaled the Covid 2020 recession one week late.
- The Department of Labor backward revised nearly two years of seasonal adjusted data.
- The BCIg is now signalling a recession since mid March 2023 with a 12 weeks average lead time.
- The BCIw is now signalling a recession, earliest in 5 weeks but not later than 17 weeks.
With reference to Section 202(a)(11)(D) of the Investment Advisers Act:
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