Our Mission
The Jerome Levy Forecasting Center LLC offers cutting-edge macroeconomic research and consulting services to financial institutions, fund managers, and nonfinancial firms. It is the world leader in applying the Profits Perspective to economic analysis and forecasting.
The Jerome Levy Forecasting Center helps clients improve their decision-making, financial security, and profitability with economic insights that reveal risks and opportunities. It has an enviable forecasting record spanning many decades. Of the Levys’ foresight in the latest business cycle, Alan Abelson recently wrote in Barron’s: “[their] predictions of the decline and fall of the economy have been right as rain… They’ve been at this game a lot of years, and… they have a truly extraordinary record of being right.”
The Jerome Levy Forecasting Center was built on the conviction that the Profits Perspective represents a powerful view of the economy with numerous advantages over more conventional approaches.
- It focuses on the determinants of total business profits, which are at the heart of business cycle dynamics.
- As an inherently financial approach, it incorporates financial issues ranging from cash flow adequacy to balance sheet growth to bank stability, issues completely excluded from conventional macroeconomics.
- It is more flexible and consistent with real-world behavior than more commonly used economic approaches.
Unlike most economists, the team at the Jerome Levy Forecasting Center predicted the recent housing bust, the latest recession, and the accompanying severe financial meltdown. Indeed, Chairman David Levy is one of few economists to have successfully forecasted the financial crises that accompanied each of the last three recessions. He is among an even smaller group who successfully profited on those forecasts. Most recently, using the work of the Jerome Levy Forecasting Center, he produced a net gain of over 500% for investors in the Levy Forecast® Fund by speculating on interest rates from the fund’s inception in 2004 until he liquidated it in 2009.