Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – January 31, 2014 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 31, 2014 Update

Consumer Confidence Surveys – As Of January 31, 2014

Doug Short had a blog post of January 31 (“Michigan Consumer Sentiment:  Little Changed“) in which he presents the latest Conference Board Consumer Confidence and Thomson/Reuters University of Michigan Consumer Sentiment Index charts.  They are presented below: (click on charts to enlarge images) – – There are a few aspects of the above charts that I find … Read moreConsumer Confidence Surveys – As Of January 31, 2014

The Perils Of Asset Bubbles

I have written many posts concerning asset bubbles as my analyses indicate that: many immensely large asset bubbles currently exist today’s asset bubbles are exceedingly complex in nature asset bubbles are largely misunderstood asset bubbles pose an immense threat to the financial system their future resolution is profoundly problematical Of course, asset bubbles are often … Read moreThe Perils Of Asset Bubbles

Velocity Of Money – Charts Updated Through January 30, 2014

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 2013, and were last updated as of January 30, 2014.  As one can see, two of the three measures are at all-time … Read moreVelocity Of Money – Charts Updated Through January 30, 2014

St. Louis Financial Stress Index – January 30, 2014 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 30, incorporating data from December 31,1993 to January 24, … Read moreSt. Louis Financial Stress Index – January 30, 2014 Update

The State of the Union Address – Notable Excerpts

I found President Obama’s State of the Union Address (transcript from the Wall Street Journal) last night to contain some noteworthy comments.  While I could comment extensively on many parts of the speech, for now I will indicate excerpts that I found most relevant with regard to the economic situation, and may comment upon them at a future … Read moreThe State of the Union Address – Notable Excerpts

House Prices Reference Chart

As a reference for long-term house price index trends, below is a chart, updated with the most current data (through November, except for the Case-Shiller National Index, which is through September), from the CalculatedRisk blog post of January 28 titled “Comment on House Prices: Real Prices, Price-to-Rent Ratio, Cities” : (click on chart to enlarge … Read moreHouse Prices Reference Chart

Durable Goods New Orders – Long-Term Charts Through December 2013

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 229,319 ($ Millions) : (click on charts to enlarge … Read moreDurable Goods New Orders – Long-Term Charts Through December 2013