Markets During Periods Of Federal Reserve Intervention – October 11, 2013 Update

In the August 9, 2011 post (“QE3 – Various Thoughts“) I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007. For reference purposes, here is an updated chart from Doug Short’s blog post of October 14 … Read more Markets During Periods Of Federal Reserve Intervention – October 11, 2013 Update

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – October 11, 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 more Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – October 11, 2013 Update

The Future Direction Of Corporate Earnings

John Hussman, in his September 23 Weekly Market Comment, states the following: Again, the difficulty with valuing stocks on the basis of raw price/earnings ratios is that corporate profits as a share of GDP are presently over 70% above their long-term historical norm. Though the actual course of corporate profits will be affected by numerous … Read more The Future Direction Of Corporate Earnings

St. Louis Financial Stress Index – October 10, 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 October 10, incorporating data from December 31,1993 to October 4, … Read more St. Louis Financial Stress Index – October 10, 2013 Update

Is The Collector Car Market Experiencing A Bubble?

The collector car market is one that I have followed on a casual basis over the years. I find that it is an interesting market in many respects.  One of the more notable characteristics is its volatility. Recently, there have been a variety of auction reports that I find very notable. Specifically, here are some … Read more Is The Collector Car Market Experiencing A Bubble?

CEO Confidence Surveys 3Q 2013 – Notable Excerpts

Today (October 9, 2013), The Conference Board and PwC released the 3rd Quarter Measure Of CEO Confidence.   The overall measure of CEO Confidence was at 54, down from 62 in the second quarter. [note:  a reading of more than 50 points reflects more positive than negative responses] Notable excerpts from this October 9 Press Release … Read more CEO Confidence Surveys 3Q 2013 – Notable Excerpts

September 2013 Duke/CFO Magazine Global Business Outlook Survey – Notable Excerpts

On September 10 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 the most notable excerpts: In the next year, earnings are expected to increase by about 13 percent among public U.S. … Read more September 2013 Duke/CFO Magazine Global Business Outlook Survey – Notable Excerpts

NFIB Small Business Optimism – October 2013

The October NFIB Small Business Optimism report was released today, October 8.  The headline of the Press Release is “Small Businesses Skeptical About Future; Optimism Dips.”  The subtitle is “Too early to measure impact of the ‘shut-down’ but economic outlook is depressed.” The Index of Small Business Optimism decreased .2 points in September to 93.9. … Read more NFIB Small Business Optimism – October 2013

Building Financial Danger – October 8, 2013 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 29th 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 … Read more Building Financial Danger – October 8, 2013 Update