Josh showed me this last night, and its pretty hilarious.
I’m friendly with Lakshman, who is a terrific guy with a great track record.
ECRI runs an economic quant model that, prior to this cycle, has been dead on in warning of coming economic contractions. I suspect their model has been overrun by the impact of the Fed’s gusher of liquidity.
Still, whoever created this (“Becky Quick” on YouTube) understands economics, ECRI — and humor.
What's been said:Discussions found on the web: