Current Economic Situation

With regard to our current economic situation,  my thoughts can best be described/summarized by the posts found under the 26 “Building Financial Danger” posts. My thoughts concerning our ongoing economic situation – with future implications – can be seen on the page titled “A Special Note On Our Economic Situation,” which has been found near …

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Updates Of Economic Indicators July 2013

Here is an update on various indicators that are supposed to predict and/or depict economic activity.  These indicators have been discussed in previous blog posts: The July 2013 Chicago Fed National Activity Index (CFNAI)(pdf) updated as of July 22, 2013: – The ECRI WLI (Weekly Leading Index): As of 7/19/13 (incorporating data through 7/12/13) the WLI was …

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Congressional Accolades For Ben Bernanke

Last week, during his Congressional testimony, Ben Bernanke received various accolades from members of Congress. While the official transcript is not yet available, the Wall Street Journal, in a July 19 Real Time Economics post titled “Congress Gives Ben Bernanke A Hero’s Send-Off” provides various highlights. While I don’t necessarily agree with any or all …

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Brookings Institution’s “2013 Economic Values” Survey – Notable Aspects

The Brooking Institution released a study on July 18, 2013 titled “2013 Economic Values Survey.” I found various aspects of the survey’s results to be notable, especially those relating to “Perceptions Of Economic Mobility” (among various generations) and capitalism.  As well, the roll of government is included. _____ The Special Note summarizes my overall thoughts about our …

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St. Louis Financial Stress Index – July 18, 2013 Update

On March 28, 2011 I wrote a post (“The STLFSI“) about the  St. Louis Fed’s Financial Stress Index (STLFSI) which is supposed to measure stress in the financial system.  For reference purposes, the most recent chart is seen below.  This chart was last updated on July 18, incorporating data from December 31,1993 to July 12, …

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Chicago Fed National Financial Conditions Index (NFCI)

Each week I have been posting two charts of the St. Louis Fed’s Financial Stress Index (STLFSI), which is supposed to measure stress in the financial system. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other related issues, both from the Federal Reserve as well as …

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