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Started By
Message
It's a V-shaped recovery!!!!!
Posted on 10/12/09 at 7:45 am
Posted on 10/12/09 at 7:45 am
quote:
Good news for those worried about the economy: "We are in the early stages of the recovery and it looks to be a lot stronger" than the consensus for modest 2%-3% GDP growth, says Lakshman Achuthan, managing director of the Economic Cycle Research Institute (ECRI).
Furthermore, the recovery will be "V-shaped" and is now "virtually unstoppable" - at least through the first half of 2010 -- Achuthan says, citing a "positive contagion" in the economy right now, based on leading economic indicators. Most notably, the ECRI's index of Weekly Economic Indicators just hit a new record high.
LINK
3
Posted on 10/12/09 at 8:51 am to LSURussian
blogs are not credible sources of information. FWIW. 
Posted on 10/12/09 at 8:54 am to MileHigh
Posted on 10/12/09 at 9:43 am to LSURussian
All hail Obama.
Can we get him the Nobel Prize in Economics?
Can we get him the Nobel Prize in Economics?
Posted on 10/12/09 at 11:31 am to LSURussian
quote:It's probably swine flu.
citing a "positive contagion" in the economy right now
Posted on 10/12/09 at 11:31 am to TheHiddenFlask
quote:
All hail Obama.
Can we get him the Nobel Prize in Economics?
Posted on 10/12/09 at 11:44 am to TheHiddenFlask
Posted on 10/12/09 at 12:39 pm to Meauxjeaux
From a link in the comments:
Posted on 10/12/09 at 12:40 pm to TheHiddenFlask
How witty 
They should enjoy that cartoon on the Poli Board though. (hint hint)
They should enjoy that cartoon on the Poli Board though. (hint hint)
This post was edited on 10/12/09 at 12:41 pm
Posted on 10/12/09 at 1:12 pm to LSURussian
So I shouldnt' wait out for a W-shaped recovery?
Posted on 10/12/09 at 5:15 pm to Cdawg
quote:
So I shouldnt' wait out for a W-shaped recovery?
W is no longer President.
I think it will be an O shaped recovery.....
Posted on 10/12/09 at 5:19 pm to LSURussian
Yes, economies are indeed cyclical.
Posted on 10/12/09 at 5:21 pm to LSUtoOmaha
Posted on 10/12/09 at 5:28 pm to LSURussian
quote:
W is no longer President.
I think it will be an O shaped recovery.....
Damn. Just imagine if McCain had won the presidency.
Posted on 10/12/09 at 5:32 pm to LSUtoOmaha
Posted on 10/14/09 at 1:29 pm to LSURussian
Posted on 10/14/09 at 4:19 pm to chase8992
I just don't think the ECRI gets it this time.
Here's an analysis by Mish, who I've noticed some of you guys back here read, on the ECRI's forecasting record. Among a lot of other interesting stuff, it looks as if they made a recovery call in early 2002 largely based on a stock market move. Looks similar to today.
I'm very much in the David Rosenberg camp on this.
Here's an analysis by Mish, who I've noticed some of you guys back here read, on the ECRI's forecasting record. Among a lot of other interesting stuff, it looks as if they made a recovery call in early 2002 largely based on a stock market move. Looks similar to today.
I'm very much in the David Rosenberg camp on this.
Posted on 10/14/09 at 5:00 pm to Reauxhan
we should have a "poster of the month" for whoever makes the best calls .... I think Russian would be the poster of the year though ? 
so, now what ?
so, now what ?
Posted on 10/14/09 at 5:00 pm to Zilla
quote:
I think Russian would be the poster of the year though
ETA:
quote::damnifiknow:
so, now what ?
This post was edited on 10/14/09 at 5:02 pm
Posted on 10/14/09 at 9:43 pm to Zilla
quote:
so, now what ?
I would say give it to MileHigh or Kige. Both have the mental capacity it takes to be an economist in America.
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