ECRI Weekly Leading Indicators at Negative 9.8; ECRI Has Likely Blown Another Recession Call

This is what happens when good research goes through an upper-management "propaganda filter" -- ``Now the ECRI is upset that people are using the WLI to predict recessions even though the ECRI posts their chart with the claim "This [the WLI] is an index that’s been around for over a quarter of a century, and over that time (shown here) it has correctly predicted every recession and recovery in real-time."''