2 posts tagged with recession by stbalbach.
Displaying 1 through 2 of 2.
Warren Buffett says his favorite economic indicator (last 30sec) is the FTSI or Freight Transportation Services Index (blue line). Since 1979, across four recessions, the index "shows a strong leading relationship to the economy", with an acceleration of freight leading the economy "by an average of approximately 4 to 5 months". Explanation of the index (recommend PDF version), most recent analysis (July 2009).
posted by stbalbach
on Jul 9, 2009 -
30 comments
The Financial Crisis: An Interview with George Soros. "We are in the midst of a financial crisis the likes of which we haven't seen since the Great Depression." (video, April 4)
posted by stbalbach
on Apr 28, 2008 -
56 comments