ECRI Leading Indicator shoots up

Here's a multi-year view of the Economic Cycle Research Institute's Weekly Leading Indicator. "With WLI growth rocketing up almost 30 percentage points in six months, it's virtually pounding the table about the recession ending this summer," said Lakshman Achuthan, managing director at ECRI.

This is another one of those undeniable green shoots, in my view. HT: James Pethokoukis