America's Economic Future – A Discussion By Ted Kavadas
On September 29 the Business Roundtable’s CEO Economic Outlook Survey was released for the 3rd quarter. The September Duke/CFO Magazine Global Business Outlook Survey (pdf) was released on September 13. Both contain a variety of statistics regarding how executives view business and economic conditions. In the CEO survey, of particular interest is the CEO Economic Outlook Index, which decreased …
The following chart depicts the S&P500 in 10 minute intervals from July 20 through yesterday’s close. As such, it encompasses the progression of the stock market since its July 25 daily high of 1344.32: (click on chart to enlarge image)(chart courtesy of StockCharts.com) The blue line is a 50-period moving average. What I find notable …
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 …
On September 30 ECRI released a statement titled “U.S. Economy Tipping Into Recession.” My thoughts on ECRI’s work are complex. While I don’t necessarily agree with their comments in this September 30 statement, I do find the following excerpts to be especially notable: Early last week, ECRI notified clients that the U.S. economy is indeed …