Velocity Of Money – Charts Updated Through January 30, 2013

Here are three charts from the St. Louis Fed depicting the velocity of money in terms of the MZM, M1 and M2 money supply measures. All charts reflect quarterly data through the fourth quarter of 2012, and were last updated as of January 30, 2013.  As one can see, two of the three measures are at all-time … Read moreVelocity Of Money – Charts Updated Through January 30, 2013

Corporate Profits As A Percentage Of GDP

In the December 3, 2012 post (“3rd Quarter Corporate Profits“) I displayed, for reference purposes, a long-term chart depicting Corporate Profits. There are many ways to view this measure, both on an absolute as well as relative basis. One relative measure is viewing Corporate Profits as a Percentage of GDP.  I feel that this metric … Read moreCorporate Profits As A Percentage Of GDP

Durable Goods New Orders – Long-Term Charts Through December 2012

Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator. For reference, below are charts depicting this measure. First, from the St. Louis Fed site (FRED), a chart through December, last updated on January 28.  This value is 230,742 ($ Millions) : (click on charts to enlarge … Read moreDurable Goods New Orders – Long-Term Charts Through December 2012

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – January 25, 2013 Update

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, … Read moreLong-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – January 25, 2013 Update

St. Louis Financial Stress Index – January 24, 2013 Update

On March 28, 2011 I wrote a post (“The STLFSI“) about the  St. Louis Fed’s Financial Stress Index (STLFSI) 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 January 24, incorporating data from December 31,1993 to January 18, … Read moreSt. Louis Financial Stress Index – January 24, 2013 Update

Current Economic Situation

With regard to our current economic situation,  my thoughts can best be described/summarized by the posts found under the 20 “Building Financial Danger” posts. My thoughts concerning our ongoing economic situation – with future implications – can be seen on the page titled “A Special Note On Our Economic Situation,” which has been found near … Read moreCurrent Economic Situation

Updates Of Economic Indicators January 2013

Here is an update on various indicators that are supposed to predict and/or depict economic activity.  These indicators have been discussed in previous blog posts: The January Chicago Fed National Activity Index (CFNAI)(pdf) updated as of January 22, 2013: – The ECRI WLI (Weekly Leading Index): As of 1/18/13 (incorporating data through 1/11/13) the WLI was at … Read moreUpdates Of Economic Indicators January 2013

Recession Probability Models

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

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – January 18, 2013 Update

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, … Read moreLong-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – January 18, 2013 Update