Former self-proclaimed 'super bull' sours on economic growth, sees 'good old fashioned slowdown' in the works

in #super • 6 years ago (edited)

One of Wall Street's veteran economic forecasters is toning down his economic growth forecast.
The Economic Cycle Research Institute's Lakshman Achuthan told CNBC his leading indicators are pointing to a slowdown that's picking up momentum — highlighting one particular trend in the latest unemployment rate chart that supports his case.

"What really caught our eye, is that unemployment rate — where it's just flat-lined since October," the firm's chief operations officer said Friday on CNBC's "Trading Nation."_100199192_claudette2.jpg

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6 years ago in #super by
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