America's Economic Future – A Discussion By Ted Kavadas
U.S. Economic Indicators Throughout this site there are many discussions of economic indicators. At this time, the readings of various indicators are especially notable. This post is the latest in a series of posts indicating U.S. economic weakness or a notably low growth rate. While many U.S. economic indicators – including GDP – are indicating economic growth, others … Read moreCharts Indicating Economic Weakness – July 2019
The St. Louis Fed’s Financial Stress Index (STLFSI) is one index that is supposed to measure stress in the financial system. Its reading as of the July 5, 2019 update (reflecting data through June 28, 2019) is -1.268. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and … Read moreChicago Fed National Financial Conditions Index (NFCI)
There are a variety of economic models that are supposed to predict the probabilities of recession. While I don’t agree with the methodologies employed or probabilities of impending economic weakness as depicted by the following two models, I think the results of these models should be monitored. Please note that each of these models is … Read moreRecession Probability Models – July 2019
My overall analysis indicates a continuing elevated and growing level of financial danger which contains many worldwide and U.S.-specific “stresses” of a very complex nature. I have written numerous posts on this site concerning both ongoing and recent “negative developments.” These developments, as well as other exceedingly problematical conditions, have presented a highly perilous economic environment … Read moreBuilding Financial Danger – July 8, 2019 Update
I have written many blog posts concerning the worrisome trends in income and earnings. Along these lines, one of the measures showing disconcerting trends is that of hourly earnings. While the concept of hourly earnings can be defined and measured in a variety of ways, below are a few charts that I believe broadly illustrate problematic … Read moreAverage Hourly Earnings Trends
Shortly after each monthly employment report I have been posting a continual series titled “3 Critical Unemployment Charts.” Of course, there are many other employment charts that can be displayed as well. For reference purposes, below are the U-3 and U-6 Unemployment Rate charts from a long-term historical perspective. Both charts are from the St. … Read moreU-3 And U-6 Unemployment Rate Long-Term Reference Charts As Of July 5, 2019
As I have commented previously, as in the October 6, 2009 post (“A Note About Unemployment Statistics”), in my opinion the official methodologies used to measure the various job loss and unemployment statistics do not provide an accurate depiction; they serve to understate the severity of unemployment. However, even if one chooses to look at the … Read more3 Critical Unemployment Charts – July 2019
The St. Louis Fed’s Financial Stress Index (STLFSI) is one index that is supposed to measure stress in the financial system. Its reading as of the June 27, 2019 update (reflecting data through June 21, 2019) is -1.246. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and … Read moreChicago Fed National Financial Conditions Index (NFCI)
In the August 9, 2011 post (“QE3 – Various Thoughts“) I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007. For reference purposes, here is an updated chart (through June 28, 2019) from the Doug Short … Read moreMarkets During Periods Of Federal Reserve Intervention – June 28, 2019 Update
For reference purposes, below are two charts of the VIX from year 2000 through Tuesday’s (July 2, 2019) close, which had a closing value of 12.93. Here is the VIX Weekly chart, depicted on a LOG scale, with the 13- and 34-week moving averages, seen in the cyan and red lines, respectively: (click on chart … Read moreVIX Weekly And Monthly Charts Since The Year 2000 – July 2, 2019 Update