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Daily Archives: January 25, 2009

U.S. Weekly Leading Index Predicates More Bad News

January 25, 2009
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Normally, I don’t pay much attention to economic reports. If knowing all the details of housing starts, unemployment claims, industrial production and the producer price index helped me make money in the stock market, I’d be all over them. But they don’t, so I try to spend my time worrying about more important things … like the action of the market itself. However, as I wrote on November 7 of last year, there is one economic number I regularly pay attention to–the Economic Cycle Research Institute’s U.S. Weekly Leading Index, which has a history of doing a terrific job...

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