November 2, 2010

US Economy To Slow Further

ECRI`s Lakshman Achuthan expects no double dip in the economy, but he still believes that the US economy is going to slow further:

"Lakshman Achuthan and the team at ECRI not only predicted the recession, but also predicted the recovery. In their most controversial call earlier this year they called for a slowdown, but not a double dip. That call is looking pretty good based on recent data. Achuthan sees no double dip going forward, but believes the economy is going to slow further."

in The Prag Cap

1 comment:

Ray C said...

Yes, I always follow these guys at ECRI

leading indicators are an important part of my macro trading