ECRI: LEADING INDICATORS AT 18 MONTH HIGH, INFLATION CONCERNS RISING
8 January 2010 by Cullen Roche
2 Comments
The ECRI says their leading indicator for economic activity jumped to a 18 month high. This implies continued economic strength and an on schedule recovery. Their weekly leading indicator jumped to 131.5 from 130.7. The annualized growth, however, did slip to 23.6%.
“With the WLI climbing to a one-and-a-half-year high, the U.S. economy is firmly set to strengthen in the coming months,” said Lakshman Achuthan, Managing Director at ECRI.
In addition, the ECRI also sees inflation concerns increasing. Their Future Inflation Gauge jumped to 98.2 from 95.6 last week.
“Thus, underlying inflation pressures are building steadily, pointing to higher inflation in the months ahead,” said Lakshman Achuthan.
Source: ECRI
> The ECRI says their leading indicator for economic activity jumped to a 18 month high.
Sure, you throw a $Trillion dollars at anything and you can make it jump a little bit, even the corpse that was formerly the US economy. Let’s face it, the parasite vampire-squid banks just sucked a little too hard and they killed the host… now the parasite will die as well. Get that ? YOUKILLED IT! The scum sucking parasitic vampire bankers have destroyed their own chance at survival because they were too greedy.
We know why Timmy Geitner is leaving after next November, because it will become painfully obvious that the gov’t and the parasite fuck banks in charge of the money have made a dreadful mistake, a game changing mistake, and they don’t want to be around for the consequences. Have a nice life pricks.
Achuthan/ECRI have also been saying that their leading indicators are now forecasting a global industrial slowdown during the 2nd half of 2010. In addition, they expect more compressed and volatile economic and inflation cycles over the next 5-10 years at least, which is in direct contrast to the economic cycles from 1982-2007. I may be reading between the lines, but they seem to be saying that a cyclical recovery will persist at least through 1st half 2010 but that the secular outlook is not real great.