ECRI Interview.....

Here's a clip from ECRI's website. I follow them closely.....because they have been RIGHT over the decades. This is an important clip to note.....as they have "called" a "cycle low" in the economy. What does that mean? It means that their longer term indicators in the ECONOMY that go out about 6 months have bottomed. And their weekly indicators that go out a few months look to have troughed as well. It doesn't mean that the stock market can't go down. If you recall......the stock market actually didn't bottom until about 9 months AFTER the last recession ended.