Cycling into Recession? Understanding the Growth Rate Cycle
Lakshman Achuthan, COO and co-founder of ECRI, sits down with Real Vision’s Ed Harrison to examine what his firm’s indicators are signaling in both the business and growth rate cycles. Using data from ECRI, Achuthan argues that the recent jobs report is misleading and explains why that could forecast a slowdown for both employment and the U.S. economy in general. Finally, Achuthan compares the current monetary policy regime to those of the past to provide a glimpse into what 2020 could have in store for financial markets and the economy. Filmed on December 9, 2019 in New York.