Dueling Indicators
January 14th, 2007 by 
reality
“Business Conditions In the Doldrums” says Morgan Stanley, “The Morgan Stanley Business Conditions Index (MSBCI), based on a monthly canvass of our US analysts, posted its eighth consecutive sub-50% reading in early January, declining six points to 38%”, while ECRI says “The rise in WLI growth to a 47-week high suggests that the U.S. economic growth outlook has been improving slowly but steadily”.
Somebody’s wrong.
Posted in The Economy | 