1.) NDD has been doing some great work on breaking the ECRI leading index. This is a great example of what makes blogs great: people with a particular specialty providing very useful information to the viewing community. To read more see these links:
A Peek Inside ECRI' Black Box
An Examination of the Model for ECRI's Black Box
Beta Testing the Shadow LEI Index
The ECRI Index, unmasked
2.) I would be remiss if I didn't point out that I went bullish on the market on Monday when it broke out (of course, having said that, expect a crash in the next few days).
For more, see the following:
What Will It Take For Me to Be Impressed With the Market
Morning Market
Morning Market
Morning Market
So, from both NDD and myself, thanks for reading and having a data-centric view of reality.
