“You can observe a lot just by watching.” Yogi Berra.
I snoop around the internet a lot, and my radar is always on for economics forecaster ECRI and their seriously cool leading indexes.
Based on their latest data, ECRI recently reported that the only double-dip we’ll experience in the foreseeable future will be plopped on top of a cone Labor Day weekend.
ECRI’s forecasting models are uniquely designed to identify economic turning points, and have a good track record.
If ECRI isn’t on your radar, follow the link below.
For more fortune telling on the economy, see my SA article “The Economy is Growing Under Our Noses,” August 17, 2009.