The U.S. Business Cycle in the Context of the Yo-Yo Years

by Lakshman Achuthan, Co-Founder and Chief Operations Officer, ECRI Economic cycles are an inherent part of how every market-oriented economy in the world operates, and what happens around cycle turning points has always been ECRI’s primary focus. From this perspective, with the onset of the Great Recession – even before the Lehman Brothers collapse – …

Economy Continues to Grow Under the Shadow of Recession

Written by Steven Hansen This past week I have continued to ponder my friend Lakshman Achuthan’s renewed recession call where he stated: For the past three months, year-over-year real personal income growth has stayed lower than it was at the start of each of the last ten recessions.

ECRI: Warns Against a Buy-and-Hold Mentality

by Lakshman Achuthan, ECRI Chief Operations Officer Editor’s Note: This is Lakshman’s presentation notes and slides from the Bloomberg Sovereign Debt Conference held this past week in Frankfurt, Germany.  Lakshman has advised Econintersect: “By the way, at the conference in Frankfurt it caused a bit of a stir since the general mood was such that …