Not much of a change in the ECRI this week. The weekly leading index moved higher to 122 from 120.5 last week while the growth rate improved marginally from 10.2% to 10.1%. The ECRI maintains that the recovery is likely to remain sluggish due to these weak readings.
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.