America's Economic Future – A Discussion By Ted Kavadas
As I stated in my July 12, 2010 post (“ECRI WLI Growth History“): For a variety of reasons, I am not as enamored with ECRI’s WLI and WLI Growth measures as many are. However, I do think the measures are important and deserve close monitoring and scrutiny. The movement of the ECRI WLI and WLI, …
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 September 20, incorporating data from December 31,1993 to September 14, …
On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.” This post is a brief 16th 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 …
The following chart is from the CalculatedRisk blog post of September 20, 2012 titled “Fed’s Q2 Flow of Funds: Household Mortgage Debt down $1 Trillion from Peak.” It depicts Total Household Net Worth as a Percent of GDP. The underlying data is from The Federal Reserve Flow of Funds 2Q 2012 report: (click on chart to enlarge image) …
Yesterday, FedEx conducted their Q1 2013 Earnings Conference call. A New York Times article dated September 18, titled “FedEx Lowers Forecast, Citing Weak Economy” summarizes various aspects of FedEx’s results and outlook. While I found several comments and forecasts to be interesting, I found a couple of statements by Frederick W. Smith regarding global trade, …
In the September 20, 2010 post I first highlighted the lack of significant long-term growth in Real Median Income. Doug Short, in his September 18 blog post titled “U.S. Household Incomes: A 44-Year Perspective,” has a variety of charts and commentary on various facets of Household Income distributions and growth. One chart, seen below, seems …
In this post I will make a few (belated) comments regarding QE3, as announced by Ben Bernanke on Thursday. I highlighted notable aspects of that Press Conference, as well as provided links to the transcript, economic projections and FOMC Statement in the September 15 post (“Ben Bernanke’s September 13, 2012 Press Conference – Notable Aspects“) …
On September 11 the September Duke/CFO Magazine Global Business Outlook Survey (pdf) was released. It contains a variety of statistics regarding how CFOs view business and economic conditions. In this CFO Survey, I found the following to be notable excerpts: U.S. CFOs are growing more pessimistic about the American economy, with hiring and spending plans significantly weakening since …
On Thursday, September 13, 2012 Ben Bernanke gave his scheduled press conference. Below are Ben Bernanke’s comments I found most notable – although I don’t necessarily agree with them – in the order they appear in the transcript. These comments are excerpted from the “Transcript of Chairman Bernanke’s Press Conference“(preliminary)(pdf) of September 13, 2012, with …
As I stated in my July 12, 2010 post (“ECRI WLI Growth History“): For a variety of reasons, I am not as enamored with ECRI’s WLI and WLI Growth measures as many are. However, I do think the measures are important and deserve close monitoring and scrutiny. The movement of the ECRI WLI and WLI, …