The ECRI’s weekly leading index improved this week to 122.6 from 122. This was the highest level in 14 weeks. The annualized growth rate improved almost 1% to -9.2%. Though the index has improved it is still indicative of a weak economic environment.
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.