Last time, I wrote about how we can predict inflation using a market index as an inflation indicator . For the chartists and other crystal ball readers out there, here’s something else for you: is there a way to predict when the economic downturn has ended? Is The Economic Downturn Really Over? Based on some simplistic observations, here’s how I can tell when things are getting better: the stock market has recovered somewhat from its lows (despite claims by some technical analysts that it’s supposed to “retest” previous lows before any meaningful recovery can resume) and the job market has either stabilized or begun to improve, with more companies looking to hire again. I’m actually getting more inquiries from headhunters about my availability for technical jobs around here in Silicon Valley (imagine that: they still have my resume!), and I’m getting more inquiries from online advertisers as well.
View original here:
Is The Economic Downturn Over?
