From The Pragmatic Capitalist:
The new indicators just keep popping up all over the place. In a great interview with James Montier at Simoleon Sense we discover Montier’s favorite indicator, the ADS Business Conditions Index:
“1. Tell us how you look at cycles. Are there any indicators or measurements you rely on?
James Montier: Personally I’ve never really found it that tricky to know where we are in a cycle. There are a lot of indicators that gauge exactly that sort of thing from the ISM to the ECRI measures. The Philly Fed have a good (by which I mean timely) index called the ADS measure which tracks where we are in real time...”
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