Further Improving the Use of the ECRI WLI (Part-II)

This article was co-authored with Georg Vrba and first appeared on the popular Advisor Perspectives web site on 17 January 2012 In our last article on using the ECRI WLI, we described how best to use the growth figure of the Economic  Cycle Research Institute’s Weekly Leading Index (WLI) to predict recessions,  but we also highlighted […]

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Using the ECRI WLI to Flag Recessions (Part-I)

In September 2011, the Economic Cycle Research Institute  proclaimed a new U.S recession would begin sometime in the coming year. ECRI  based its prediction on a host of its own internal long-leading indexes,  together with its widely followed weekly leading index (WLI). I do not wish to debate the merits of ECRI’s recession call  here […]

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