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Reply #26: And Here's More from the Billmon Piece: Leading Indicators at Zero [View All]

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Home » Discuss » Archives » General Discussion (Through 2005)

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Fri Aug-06-04 09:30 AM
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26. And Here's More from the Billmon Piece: Leading Indicators at Zero

"...I've been keeping a close eye on the Economic Cycle Research Institute's leading index. It has a pretty good record of forecasting major turns in the economy, based on things like jobless claims, mortgage applications and stock prices. And since early May it's been falling at a pretty rapid clip:

http://billmon.org/archives/001622.html

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-New Jobs July Payroll up 32,000, expectation were for 200,000+	cthrumatrix	Aug-06-04 07:38 AM	#0
- But But but Jobs were created!	freetobegay	Aug-06-04 07:40 AM	#1
- You want some fries with that?	Karenina	Aug-06-04 08:34 AM	#16
- I may be wrong....	Nickster	Aug-06-04 07:43 AM	#2
- I should have said 200K to "grow" the economy. Wall Street was	cthrumatrix	Aug-06-04 07:45 AM	#4
- I Heard Robert Reich Say Earlier This Week The Figure Is	loindelrio	Aug-06-04 09:09 AM	#23
- No wonder I can't find a job	Yogi	Aug-06-04 07:45 AM	#3
- Billmon has a VERY interesting post in anticipation of this stat	DrBB	Aug-06-04 07:46 AM	#5
- It may be true	demdem	Aug-06-04 08:41 AM	#20
- Oh, It's Not Rash at All to Believe It Was Leaked	ribofunk	Aug-06-04 09:25 AM	#25
- What's the TV "news" saying about this?	DeepModem Mom	Aug-06-04 08:05 AM	#6
- Actually they say it is "very bad"...	Flubadubya	Aug-06-04 08:28 AM	#13
- Thanks, Flub!	DeepModem Mom	Aug-06-04 08:31 AM	#15
- They also "downgraded"	louis c	Aug-06-04 08:11 AM	#7
- this is bad... spin on this is tough. There goes Iowa, Mich, Ohio to Kerry	cthrumatrix	Aug-06-04 08:14 AM	#8
- DON'T YOU READ?	The Doctor	Aug-06-04 08:18 AM	#9
- The tax cuts are kicking in! We should gain those 3 million jobs lost..	terrya	Aug-06-04 08:19 AM	#10
- that's just it.... the stimulus (borrowed money) is over.	cthrumatrix	Aug-06-04 08:24 AM	#11
- Well,,,only a change of administrations at this point.	terrya	Aug-06-04 08:26 AM	#12
- The Stimulus Was Over 2 Months After. . .	ProfessorGAC	Aug-06-04 08:38 AM	#18
- Do I cheer or do I mourn? That's the 32 thousand dollar question.	charlie105	Aug-06-04 08:29 AM	#14
- i'm sorry to hear of your job loss. I wish we had 5,000,000 jobs this mo.	cthrumatrix	Aug-06-04 08:37 AM	#17
- can't wait to hear the repuke spin on this never changing stat!	AmerDem	Aug-06-04 08:39 AM	#19
- Memo to: Dick Cheney	unfrigginreal	Aug-06-04 08:50 AM	#21
- Unemployment rate of 5.5% very deceiving!	napi21	Aug-06-04 08:59 AM	#22
- Their numbers are consistently revised in a negative direction	unfrigginreal	Aug-06-04 09:10 AM	#24
- And Here's More from the Billmon Piece: Leading Indicators at Zero	ribofunk	Aug-06-04 09:30 AM	#26
- A piece of news and an observation	ItsMyParty	Aug-06-04 09:37 AM	#27

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