The recent market volatility has brought back into the discussion the risk of a double dip in the US economy. To this and other economic issues we turn to the prescient Managing Director of the Economic Cycle Research Institute (ECRI).
Mr. Achuthan describes how the ECRI analysis points toward a deceleration of economic and profits growth and not a double dip. In this interview, we also explore the unique methodology of ECRI, the Euro rescue package, the impact of a shocks, and the preconditions necessary for shocks to alter the direction of a prevailing economic trend.
Note: In addition to the above noted website, those wishing to learn more about Mr. Achuthan and ECRI might consider his book, Beating the Business Cycle.
The length of the interview is 16 minutes 58 seconds.
To listen to this interview, click here