If we’re reaching debt-saturation level (QE not working) all business consumer indexes will “drop dramatically” according to the economy cycle playbook

JPMorgan Cuts US Q1 2019 GDP Growth Estimate Again, Now Down to Just 1.5%

“Durable goods orders rose less than forecast in December with core capital orders posting a surprise drop.”

Fed Pivot and ECRI Leading Indexes

Lakshman Achuthan on CNBC’s Closing Bell to discuss ECRI’s public outlook, including:

– Bullard’s recognition of the U.S. slowdown is in line with ECRI’s earlier slowdown call

– The Fed’s U-turn doesn’t inoculate the economy against recession

– The elephant in the room remains the U.S. cyclical slowdown

– Comments on ECRI’s Chinese Leading Indexes