ECRI INDEX CONTINUES TO IMPROVE

The ECRI’s Leading Index of economic growth hit a two week high at 122.5, but remains at a level that is consistent with sluggish growth according to the Institute.  The index’s annualized growth rate rose to -7.8% from -8.7% last week.  This is a dramatic improvement from the recent lows.

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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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