Lakshman Achuthan, chief operations officer of the Economic Cycle Research Institute, talks about the U.S. economy. He speaks with Tom Keene on Bloomberg Television’s “Surveillance Midday.”
Dec. 8 (Bloomberg)
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries." -Bill Gross
Signs continue that European markets are getting tired. The Spanish and Italian stock markets, big beneficiaries of the sharp decline in their bond yields over the past few months are falling to the lowest since Feb 1. The European bank index is at a 1 1/2 week low after earnings reports from Commerzbank and Credit Ag (RBS bouncing although reporting weaker than expected earnings) were disappointing. This market action is in spite of the German IFO business confidence figure which rose to a 7 month high coming in a touch above expectations and Italian consumer confidence which bounced more than...
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December 9th, 2011 at 10:03 am
so good had to replay .. thanks
on my blue internal currency / green export currency .. nevermind you’all hate it
that GDI – I gotta try to understand better
http://en.wikipedia.org/wiki/Gross_domestic_income
http://en.wikipedia.org/wiki/Revolutionary_War
good always wins* .. sometimes takes 1000 years .. words 10X harder to bring change / bank account 5X / bullet 2X / bullet with laws on own side 1X
* for a little while anyway
stay Gold Ponyboy** (‘s & girls)
** movie reference “The Outsiders”
December 9th, 2011 at 12:01 pm
[...] See also the recent Bloomberg interview with Lakshman Achuthan, the Co-founder of ECRI (video). [...]
December 9th, 2011 at 1:41 pm
Thanks Barry, great to see Lakshman again.
Makes one wonder if SPX can break through MA(200) for a Santa Rally. At this moment SPY is at MA(200) +/-.
Right now the reindeer look pretty tired.
Have a good weekend.
December 12th, 2011 at 8:37 pm
Thanks for posting this excellent video interview! Time to sell on rallies.
December 31st, 2011 at 9:03 pm
[...] period and a whopping 30% of the time if you consider the 1855-2011 time span. The likes of ECRI and John Hussman have been trumpeting their recession forecasts for the American economy. On the [...]
January 30th, 2012 at 6:34 am
[...] a December 8 interview conducted by Tom Keene on Bloomberg Television’s “Surveillance Midday”, Lakshman Achuthan, [...]