ECRI: GLOBAL SLOW-DOWN IS COMING

I can’t figure out how their indices work for the life of me (they appear to just mirror the S&P 500), but the folks at ECRI have been remarkably accurate in recent years.  Lakshman Achuthan, Chief Economist of ECRI, says global industrial growth is set to peak this summer.  He says a slow-down is “for sure”, but not necessarily forecasting a new recession.

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Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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