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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (256703)6/25/2010 1:08:57 PM
From: RetiredNowRead Replies (2) of 306849
 
WLI comes out every Friday at 10:30 EST and it shows the reading for the prior week ending Friday. If you see it change direction and persist in its trajectory, that is when you know a turning point in the economy may be imminent. Right now, we've seen it move sharply lower over the past couple of months and it continues to deteriorate. That's not good. The WLI includes the stock market, though, so it's coincident with stock market values mostly. Their Long Leading Indicator that does NOT include stock market values is only for paying customers, unfortunately.
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