On the cusp of full-blown recessions,not “soft landings.”!!!

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http://www.businesscycle.com/reports_in ... tails/1091

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In fact, the most reliable forward-looking indicators are now collectively behaving as they did on the cusp of full-blown recessions, not “soft landings.”

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And there’s nothing that policy makers can do to head it off.

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http://online.wsj.com/video/achuthan-us ... 5B148.html

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http://www.marketwatch.com/story/econom ... 2011-09-30

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Based on WLI and other indicators, ECRI has correctly called the last three recessions and recoveries without triggering any false alarms.

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Government’s effort to stimulate the economy, coming from both the Federal Reserve and the Obama administration, is a case of too little, too late, Achuthan observed. Politicians and central bankers simply can’t move as fast as the business cycle, he said.

[dabudara]

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