America's Economic Future – A Discussion By Ted Kavadas
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 third quarter of 2013, and were last updated as of November 7, 2013. As one can see, two of the three measures are at all-time …
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 November 7, incorporating data from December 31,1993 to November 1, …
Starting on May 3, 2010 I have written posts concerning the notable divergence that has occurred between the S&P500 and Chinese (Shanghai Composite) stock markets. The chart below illustrates this divergence; it shows the S&P500 vs. the Shanghai Composite on a daily basis, since 2006: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by …
On November 5, Gallup released the poll results titled “U.S. Economic Confidence Plunges in October.” The subtitle is “Sixteen-point drop to -35 is sharpest in any month since Gallup Daily tracking began.” Notable excerpts include: Americans’ confidence in the U.S. economy sank for the month of October amid the partial U.S. government shutdown and partisan bickering …
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 of a substantial …
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, …