Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

Loan Modification

: Mortgage Lender Implode-o-Meter

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

By Implode-Explode Heavy Industries

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."''

Full post as published by Mortgage Lender Implode-o-Meter on July 20, 2010 (boomark / email).