Changes for March:
The BIG 4 has switched from "Expanding Slowly" to "Contracting Slowly." Moreover, the RISK 4 has switched from "Slightly High" to "Slight Low."
The indicators as a group have continued to show weakness in the rate of change of their respective indicators since Q4 2014. While it is still unclear how deep this current weakness will persist, it is not comforting to see the indicators flirting with their zero lines. Prior times when the indicators have crossed zero have marked significant slow periods. On the other hand, the rate of deterioration of the indicators has not reached the magnitude of the 2008 recession.
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