Building Financial Danger – May 18, 2012 Update

On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.”  This post is a brief 12th update to that post. My overall analysis indicates a continuing elevated and growing level of danger which contains  many worldwide and U.S.-specific “stresses” of a very complex nature. I have written numerous …

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Financial Stocks – May 16, 2012 Update Concerning Poor “Price Action”

On June 29, 2011 I wrote a blog post titled “Financial Stocks – Notable Price Action.” Although financial stocks have increased in price in 2012, I continue to believe that the longer-term “price action” of various financial stocks is disconcerting.  I view the poor performance of these financial and brokerage stocks to be one indicator …

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Financial Stocks – Relative Price To Overall Stock Market – May 16, 2012 Update

In the June 29, 2011 post (“Financial Stocks – Notable Price Action”) I wrote the following: I think that the relatively poor “price action” of various financial stocks is notable.  It is one of many current indications that overall stock market health is not as strong as a casual glance at the major indices would …

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The May 2012 Wall Street Journal Economic Forecast Survey

The May Wall Street Journal Economic Forecast Survey was published on May 14, 2012.  The headline is “Economists Forecast Subdued Growth in 2012.” I found the following excerpts to be notable: The economy is expected to add about 185,000 jobs a month over the next year. That rate of growth hasn’t been seen since 2006, …

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St. Louis Financial Stress Index – May 10, 2012 Update

On March 28, 2011 I wrote a post (“The STLFSI“) about the  STLFSI (St. Louis Fed’s Financial Stress Index) 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 May 10, incorporating data from 12-31-93 to 5-4-12 on a …

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Disturbing Charts (Update 7)

I find the following charts to be disturbing.   These charts would be disturbing at any point in the economic cycle; that they depict such a tenuous situation now – 35 months after the official (as per the 9-20-10 NBER announcement) June 2009 end of the recession – is especially notable. These charts raise a lot …

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