The Economic Cycle Research Institute, ECRI - a New York-based independent forecasting group, released their latest readings for their proprietary monthly Future Inflation Gauge (USFIG) this morning. (More about ECRI)
ECRI’s U.S. Future Inflation Gauge (USFIG) rose again in January. The value of the USFIG lies in its ability to measure underlying inflationary pressures and thereby predict turning points in the U.S. inflation cycle.
The USFIG advanced to 101.6 (1992=100) in January from 100.5 in December, as did its smoothed annualized growth rate to 4.4% from 2.7%.
Commenting on the data, ECRI's Co-Founder, Chief Operations Officer and author of "Beating the Business Cycle", Lakshman Achuthan said: " With the USFIG climbing to a nine-month high, underlying inflation pressures are starting to simmer."
KEY ECRI Articles:
- Nov 30, 2010 "ECRI Calls for Revival of US Economic Growth"
- Oct 28, 2010 "The much-feared double-dip recession is not going to happen"
- Oct. 28, 2010 ECRI Warns of High Inflation Nightmare From QE2
- Sept. 24, 2010 ECRI - Premature to Predict New Recession
- July 01, 2010 ECRI Weekly Leading Indicators Widely Misunderstood
- Dec. 04, 2009: ECRI Warns of Lasting High Unemployment Despite Economic Recovery
- July 31, 2009: ECRI Predicts End of Home Price Downturn
- July 21, 2009: ECRI Predicts The End of the Recession is Imminent
- April 3, 2009: ECRI Says US Business Cycle Recovery Ahead
- March 28, 2008: ECRI Calls it "A Recession of Choice"
“This easy-to-read book tells you how the respected ECRI calls turning points, and how you can, too.”
—Jane Bryant Quinn, Newsweek columnist
" The Economic Cycle Research Institute can justify a certain smugness now that business cycles are back in fashion."
--Harvard Business Review
“Shows... how far the state of the art in cycle forecasting has advanced, and how investors can profit from it.”
—Jon Markman, award-winning CNBC/MSN financial columnist
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