ACHUTHAN: Look At These Charts And Tell Me We’re Not In Recession

“Since 2011, Lakshman Achuthan of the Economic Cycle Research Institute (ECRI) has been taking a lot of heat for his controversial call that the U.S. economy would fall into a recession.

In an apperence with Bloomberg‘s Tom Keene last November, Achuthan clarified that based on the four official recession indicators considered by the NBER — the folks who date recession — the U.S. fell into recession in July 2012. He also said we would know that the U.S. fell into recession by the end of 2012.

Since then, the ECRI head had been off the radar.

Today, Achuthan emailed to Business Insider a brand new presentation titled “The U.S. Business Cycle in the Context of the Yo-Yo Years.”

In 17 pages, Achuthan makes his best effort to defend his recession call….”

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