The IYT provides a visual representation of the true health of the economy that is lost or concealed in most economic reports. The past year the Index has shown a slow decline that syncs with the underlying situation in the economy.
Right now it is sitting on the lower line of its 7-year uphill channel. If it drops out of that channel it will throw a huge shadow over the validity of the economic reports being served up.
Trade well my friends
Alan
