The Economic Cycle Research Institute's weekly gauge of future growth rose again, to summer 2008...


The Economic Cycle Research Institute's weekly gauge of future growth rose again, to summer 2008 levels, on strength in commodities. The forecasters' Weekly Leading Index gained to 130.7 from the prior week's 130.2, and its growth is accelerating - to 24.7% annualized.

Comments (6)
  • Tom Au, CFA
    , contributor
    Comments (6879) | Send Message
     
    That's a one-legged growth "stool" that does not appear to be indicative of the rest of the world.
    18 Dec 2009, 11:19 AM Reply Like
  • nightfly
    , contributor
    Comments (1015) | Send Message
     
    Absolutely meaningless.
    18 Dec 2009, 11:53 AM Reply Like
  • Niner
    , contributor
    Comments (790) | Send Message
     
    On a rather quiet morning the rustling of a green shoot wakes two of Seeking Alpha Bears and they savagely pounced upon the little shoot trying desperately to destroy it before it can sow seed s of optimism and hope and forever destroy the Great Grizzly's cavern of gloom and despair.
    18 Dec 2009, 12:31 PM Reply Like
  • Mad_Max_A_Million
    , contributor
    Comments (1175) | Send Message
     
    Get a grip on yourself, Niner - Maybe you failed to notice, but the obscene spending going on in D.C. will eventually kill the dollar. Any gains will be eaten alive by taxes and inflation.
    18 Dec 2009, 01:13 PM Reply Like
  • Niner
    , contributor
    Comments (790) | Send Message
     
    My Ex-father-in-law was a Doom and Gloomer and conspiracy theorist for forty years. He died never seeing any of of his doom and gloom predictions come true. This "Great Recession" might have come close to fullfilling one of his predictions. He's been dead for 10 years. So once every 50 years ain't.

     

    I see signs of recovery. You Doom and Gloom Bears see cover ups and conspiracies. Just like last months good unemployement numbers. Bears screamed conspiracy and coverup. The Canadian unemployement figures were just as good. I guess Obama has convinced the Canadians to lie too. Yea, right. You Doomers and Gloomers are the ones that need to get a grip.
    18 Dec 2009, 04:25 PM Reply Like
  • Windsun33
    , contributor
    Comments (4431) | Send Message
     
    I see signs also, but they are very mixed, and not pointing to anything but a lessening of the meltdown. For every 10 "green shoots" I can find 9 weeds and dead vines. Indicators that should be going up in a real recovery are not, such as the BDI and rail shipping loads. Some things, like the financial sector, have improved quite a bit - other sectors are still getting worse, like idle factory capacity.

     

    And I have seen almost none of the talk of cover ups and conspiracies that you speak of discussed in here, so not sure what you are talking about.

     

    On Dec 18 04:25 PM Niner wrote:

     

    > I see signs of recovery. You Doom and Gloom Bears see cover ups and
    > conspiracies. Just like last months good unemployement numbers. Bears
    > screamed conspiracy and coverup. The Canadian unemployement figures
    > were just as good. I guess Obama has convinced the Canadians to lie
    > too. Yea, right. You Doomers and Gloomers are the ones that need
    > to get a grip.
    19 Dec 2009, 01:54 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs