We have never failed to have a recession/ downturn when the ECRI Index has hit minus 10. Hmmm. Look where it's at. and this is minus ten with this recession as a starting point. Hmmm. Note the plunge off the cliff in the last ten weeks. I called it last fall, that it would start in July 2010. Tada! It stinks to be right. Take a deep breath; this is going to be rough.
Tuesday, July 20, 2010
Minus 10? Not good.
We have never failed to have a recession/ downturn when the ECRI Index has hit minus 10. Hmmm. Look where it's at. and this is minus ten with this recession as a starting point. Hmmm. Note the plunge off the cliff in the last ten weeks. I called it last fall, that it would start in July 2010. Tada! It stinks to be right. Take a deep breath; this is going to be rough.
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