2013 Stock High Comes With Recession Warning


The Great Recession began in December 2007, just two months after the Dow Jones Industrial Average hit a record high. Now the Dow is at a new high, and at least one economist thinks we're in another recession. That's the verdict Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, a private research firm that sells indices of leading economic indicators, posted in a presentation on his firm's website on Thursday.