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Tag Archives: Retail sales
ECRI: “We’re in a Recession”
In a recent interview for Bloomberg, Lakshman Achuthan, the co-founder and COO of the Economic Cycle Research Institute (ECRI), the world’s leading authority on business cycles, asserts that “we’re in a recession.” A video of the interview is available on … Continue reading
More Weak US Economic Data Last Week
The US economic news continued to deteriorate last week, but the market was focused exclusively on the Greek vote and failed to acknowledge the latest economic developments. The following post provides an overview of the major economic releases from last … Continue reading
Housing Starts Only Bright Spot This Week
Housing starts were the only bright spot in another dismal week of economic data in the U.S. The following post provides an overview of the major economic releases from this week as well as an update on market conditions, including … Continue reading →