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Review of Beating the Business Cycle
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Review of Beating the Business Cycle An Evaluation of Beating the Business Cycle by Lakshman Achulthan and Anirvan Banerji October 21, 2004 Beating the Business Cycle by Authors Lakshman Achulthan and Anirvan Banerji provides an intricate description of how the ECRI (Economic Cycle Research Institute) forecast economic growth and market turns so business managers and individuals alike can predict and profit from future changes in the economy. Using approximately 100 objective indexes and economic indicators such as stock price, imports, exports, foreign trade, manufacturing and real estate the ECRI is well known for their accuracy in predicting economic changes. To highlight a few of their successes the ECRI was able to predict the U.S. recession of 2001 and 1991 approximately six months before economists did. They were also reputed for predicting a weak recovery in 2002. (cover page) The following is a list of the ECRI's record of previous predictions. Achuthan...
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