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Politics : President Barack Obama
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To: tejek who wrote (107174)1/9/2012 9:13:56 PM
From: RetiredNow  Read Replies (1) of 149317
 
True, but with statistics, it's not the one data point, it's the trend. The trend on the WLI has been persistently negative. That has almost always signaled a recession ahead. That combined with the fact that the ECRI's Long Leading Indicators have unambiguously called for recession, makes me think the odds are very high we'll see one within the next 3-6 months.
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