America's Economic Future – A Discussion By Ted Kavadas
The August Wall Street Journal Economic Forecast Survey was published August 12, 2011. The headline is “Feeble Numbers Stir Recession Fears.” I found various aspects of the survey to be interesting, including the following excerpts: The 46 economists in the survey—not all of whom answer every question—put the odds that the U.S. is already in another …
From time to time, most recently in the October 25 2010 post titled “Market Overview – Part II: U.S. Dollar, Japanese Yen & Gold” I have commented upon the Japanese Yen. Here is what I said then about the Yen, which I still believe to be the case today. I have also included a chart …
With all of the recent attention given to the U.S. credit downgrade by S&P, I think it is interesting to look back at the debate on the topic in February 2010. On February 11 2010, I wrote a blog post titled “Treasury Secretary Geithner’s Comments” regarding an interview he gave that week, in which he …
Yesterday, President Obama delivered an address in large part concerning the credit downgrade and the economy. (The transcript is seen at WhiteHouse.gov titled “Remarks by the President“) Although I don’t agree with many aspects of the speech, I found various parts of this speech to be notable. Here are various facets that I found particularly …
In the July 7 post (“Evaluating QE2“) I mentioned that “…I believe that QE3 or something very similar will be done in the future.” There are many reasons for this belief. Among the reasons for additional QE include the recent market tumult, visibly weakening economy, and various confidence measures that have nosedived. My belief in …
U.S. Dollar weakness is a foremost concern of mine. As such, I have extensively written about it. I am very concerned that the actions being taken to “improve” our economic situation will dramatically weaken the Dollar. Should the Dollar substantially decline from here, as I expect, the negative consequences will far outweigh any benefits. The negative impact …
As I have commented previously, as in the October 6, 2009 post, 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 official statistics, the following charts …
In the June 16 post (“The S&P500 Since 2007”) I displayed an annotated chart of the S&P500. In that post I stated the following: As one can see from the chart, one interpretation that can be made is that of a (completed) “Cup & Handle” chart formation as denoted by the green line. I have …
This post is the latest update to a series of blog posts seen on the CalculatedRisk.com blog. The original blog post of April 12, 2010, is titled “Recession Measures.” In it, Bill discussed key measures that the NBER uses to determine recoveries, and posted four charts. Here are those charts, updated in his August 2, 2011 post. The charts …
The following chart is annotated by Ron Walker, of thechartpatterntrader.com : (click on chart to enlarge image)(chart courtesy of StockCharts.com) As one can see, it is a chart of the S&P500 on a daily basis since March of 2009. Yesterday’s closing price of the S&P500 (1286.94) is very near the black rising trendline from the March …