Comments on: The Anxious Index: Worst Of Recession Over? http://www.tradersnarrative.com/the-anxious-index-worst-of-recession-over-2501.html Freshly squeezed market commentary & analysis Tue, 16 Mar 2010 23:01:21 +0000 http://wordpress.org/?v=2.0.2 by: Dave http://www.tradersnarrative.com/the-anxious-index-worst-of-recession-over-2501.html#comment-38706 Thu, 30 Apr 2009 05:35:40 +0000 http://www.tradersnarrative.com/the-anxious-index-worst-of-recession-over-2501.html#comment-38706 Babak, I believe it was in Why Most Investors Are Mostly Wrong Most of the Time by William X. Scheinman that he advocated using the "Quit Ratio" over traditional labor statistics. Since the Quit Ratio is an indication of voluntary behavior it's a better contrary indicator since people were more willing to quit their jobs near the tops of the economy & reluctant to quit their jobs at the depths of recessions...thus a reflection of anxiety over the economy. Regards, dave Babak,

I believe it was in Why Most Investors Are Mostly Wrong Most of the Time by William X. Scheinman that he advocated using the “Quit Ratio” over traditional labor statistics. Since the Quit Ratio is an indication of voluntary behavior it’s a better contrary indicator since people were more willing to quit their jobs near the tops of the economy & reluctant to quit their jobs at the depths of recessions…thus a reflection of anxiety over the economy.

Regards,
dave

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