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Daily Archives: July 10, 2009

Economic Recovery? Yes!

July 10, 2009
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Economic Recovery? Yes!

I am far from an economist, thank goodness, but with all the worry during the past week about the economic recovery coming unglued, I wanted to inject some facts (gasp!) into the conversation.  Twice before in Cabot Wealth Advisory I’ve touched on the lone economic indicator I follow regularly–the Economic Cycle Research Institute’s (ECRI) Weekly Leading Index. In brief, ECRI has a good track record of economic forecasting, and I like the group because they approach their task much as I approach mine–by using tools that have actually worked in the past.  In ECRI’s case, they looked at decades...

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