Friday, February 24, 2012

ECRI Recession Call

Today the ECRI has reafirmed their call for a recession in Q2 of 2012. Their track record is impeccable, and when they speak I listen.
"when you look at the definitive hard data that is used to officially date business cycle recessions, it has been getting worse not better despite what the consensus view of an improving economy has been."
http://video.cnbc.com/gallery/?video=3000075118

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