tag:blogger.com,1999:blog-1227919517269937208.post6782749792936809140..comments2023-09-17T08:37:58.006-06:00Comments on The Good News Economist: Conference Board Indicators: Recession Is Over, Recovery Has BegunEldon Masthttp://www.blogger.com/profile/15444008509086050220noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1227919517269937208.post-39711198897386053182009-07-21T21:36:18.532-06:002009-07-21T21:36:18.532-06:00What was most impressive about the professor's...What was most impressive about the professor's prediction, was the call that we would likely return to growth by July 4th. <br /><br />The other two reports give us significant guidance on the strength of the renewed growth in Q3.Eldon Masthttps://www.blogger.com/profile/15444008509086050220noreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-39368821580652691542009-07-21T04:40:21.112-06:002009-07-21T04:40:21.112-06:00Of the three forecasts you cite, ECRI seems most p...Of the three forecasts you cite, ECRI seems most practically useful. The professor's forecast, while earliest, in all due respect, would have been hard to act on because of lack of reliablility, track record, etc. The Conference Board is somewhat "late," so that leaves ECRI where their leading indexes (which have a great track record, background, etc.) have been recovering since late 2008, and in April they made the call that recession ends this summer.Anonymousnoreply@blogger.com