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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (16513)11/21/2004 8:22:48 PM
From: Elroy Jetson  Read Replies (2) of 116555
 
An increased level of C&I loans can presage an economic turn-down.

Businesses frequently borrow to finance their ballooning inventories when sales don't meet expectations.

But reading a significant meaning into such a tiny statistical twitch is best left to charlatans and mystics.

MZM economagic.com

Anyone caught obsessing about the statistical noise causing the tiny 0.18% decline in last months MZM should ask themselves this question.

Why they weren't far more excited about the previous one-month declines in MZM? Over the past two years there have been four and they were far larger.

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