Written in clear, non-technical language, this resource for executives and investors describes a new forecasting approach for predicting turning points in business and market cycles up to 18 months in advance. Drawing upon a statistical observation of economic cycles over the past four decades, Ellis (formerly of Goldman Sachs) illuminates the chain of cause and effect that extends from consumer spending through industrial production, capital spending, and the employment and unemployment reports. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)