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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (29513)5/6/2005 1:28:44 PM
From: ild  Read Replies (1) | Respond to of 116555
 
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fortune.com



To: ild who wrote (29513)5/6/2005 3:05:07 PM
From: CalculatedRisk  Respond to of 116555
 
Probably because business people miss the economic turning points too (like most forecasters). Employment is a decent coincident indicator ... but with the addition of the birth/death model, it might be a bit of a trailing indicator.

I don't mean to dismiss jobs ... over time jobs are probably one of the most important indicators of economic health.