(flickr user elliott brooks (cc: by))
Is the recession ending? Lakshman Acuthan, managing director of the Economic Cycle Research Institute, thinks it is. He spends his days poring over economic indicators in order to make predictions for the business world. He says "forward-looking" or "leading" indicators – such as profits, housing, and commodity prices – are all saying the same thing: recovery is on the horizon.
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Audio is up!
Caught the tail end of discussion with Locksman and wanted to hear again the history of the leading indicator being "right" about recessions and recoveries. Will you post audio?