Consumer Confidence Surveys – As Of August 29, 2014

Doug Short had a blog post of August 29, 2014 (“August Michigan Consumer Sentiment Bounced Back“) 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 … Read moreConsumer Confidence Surveys – As Of August 29, 2014

Corporate Profits As A Percentage Of GDP

In the last post (“2nd Quarter 2014 Corporate Profits“) I displayed, for reference purposes, a long-term chart depicting Corporate Profits After Tax. 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

Chicago Fed National Financial Conditions Index (NFCI)

The St. Louis Fed’s Financial Stress Index (STLFSI) is one index that is supposed to measure stress in the financial system.  Its reading as of the August 21, 2014 update (reflecting data through August 15) is -1.266. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other related … Read moreChicago Fed National Financial Conditions Index (NFCI)

Durable Goods New Orders – Long-Term Charts Through July 2014

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 July, last updated on August 26, 2014.  This value is 300,123 ($ Millions) : (click on charts to … Read moreDurable Goods New Orders – Long-Term Charts Through July 2014

Updates Of Economic Indicators August 2014

Here is an update of various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The August 2014 Chicago Fed National Activity Index (CFNAI)(pdf) updated as of August 25, 2014: – The ECRI WLI (Weekly Leading Index): As of August 22, 2014 (incorporating data through August … Read moreUpdates Of Economic Indicators August 2014

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – August 22, 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. – August 22, 2014 Update

Current Economic Situation

With regard to our current economic situation, my thoughts can best be described/summarized by the posts found under the 39 “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

Trends Of S&P500 Earnings Forecasts

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time. FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings. For reference purposes, here are two charts as seen in the “Earnings Insight” (pdf) report of … Read moreTrends Of S&P500 Earnings Forecasts

S&P500 Earnings Estimates For Years 2014-2017

As many are aware, Thomson Reuters publishes earnings estimates for the S&P500.  (My other posts concerning S&P earnings estimates can be found under the S&P500 Earnings tag) The following estimates are from Exhibit 12 of “The Director’s Report” (pdf) of August 20, 2014, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts: Year 2014 estimate: $119.31/share … Read moreS&P500 Earnings Estimates For Years 2014-2017