A five percent increase in annual returns for astute investment managers employing ECRI's cyclical view ($50,000,000 on a billion dollar portfolio) is not unusual. Early directional insights on economic and inflation cycles — of a turn the market doesn't see, or of market anticipation of a turn that is unlikely — allows our investment manager clients to take advantage of divergences between an insightful cyclical view and shifting market perceptions.
The institutional knowledge housed at ECRI about business and inflation cycles simply does not exist anywhere else. So, while asset managers certainly have access to a large amount of forecasting options, they are very unlikely to obtain better cycle forecasting and analysis elsewhere.
Inflation Ahoy! We're indebted to the ECRI, that unnapping watchdog of inflation, for the FIG data.
- Alan Abelson, Barron's, Feb. '00
More Information >Read this jewel of a book and start your own personal cycle upturn.
Jim Grant