SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (107501)1/17/2012 7:21:47 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
As many folks have noted, ECRI's call this time around left no room for ambiguity. Either they are overly confident in their predictive powers after a long string of successful calls and they are about to be embarrassed, or the indicators they are looking at are so incredibly bad that it leaves no doubt in their mind that a recession is imminent.

After watching them for 11 years, I believe the latter is the case. But we'll know for sure in the next 5-6 mos at the latest.