Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, talks about the U.S. economy. Achuthan speaks with Tom Keene and Sara Eisen on Bloomberg Television’s “Surveillance.” John Silvia, chief economist at Wells Fargo Securities LLC, also speaks.

Source: Bloomberg, March 7 2013

Category: Economy, Video

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.

6 Responses to “Achuthan: U.S. Recession Began Middle of 2012”

  1. phoneranger says:

    No. Go here. railfax.transmatch.c*m Click on YoY Chart. When black crosses blue we might have a recession. Not now.

  2. Moss says:

    It really does all come down to the spreads that are being forced down by QE, ZIRP etc.

  3. Angryman1 says:

    Sorry, Moss, nope. QE is so small, it barely does much at all in terms of spreads.

    There is no recession.

  4. Frilton Miedman says:

    I can see it now, in six months with the Dow at 15K, he announces the recession that started in 2012 has ended.

    Equities are almost completely disconnected from the economy, either they’ll eventually drag Joe Six up, or Joe’s gonna drag them down.

    Maybe a play on that idea is to get long middle of the road retail & short the S&P or other more frothy sectors.

  5. Angryman1 says:

    Jobless claims down below 350,000…..some recession.

  6. See my comments under Yo-Yo thread…