Josh showed me this last night, and its pretty hilarious.
I’m friendly with Lakshman, who is a terrific guy with a great track record.
ECRI runs an economic quant model that, prior to this cycle, has been dead on in warning of coming economic contractions. I suspect their model has been overrun by the impact of the Fed’s gusher of liquidity.
Still, whoever created this (“Becky Quick” on YouTube) understands economics, ECRI — and humor.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.