For a variety of reasons, I am not as enamored with ECRI’s WLI and WLI Growth measures as many are.
However, I do think the measures are important and deserve close monitoring and scrutiny.
Toward that end, I recently came about a July 5 article, found here, from Doug Short that provides a good (and concise) historical perspective and review on ECRI WLI Growth rates. His charts comparing WLI Growth to GDP and the Fed Funds rate go back to 1965, as shown.
back to <home>
SPX at 1077.96 as this post is written