Consumer Confidence Surveys – As Of September 30, 2014

Doug Short had a blog post of September 30, 2014 (“Consumer Confidence Drops“) 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 highly … Read moreConsumer Confidence Surveys – As Of September 30, 2014

Long-Term Charts Of The DJIA, Dow Jones Transports, S&P500, And Nasdaq Composite

StockCharts.com maintains long-term historical charts of various major stock market indices, interest rates, currencies, commodities, and economic indicators. As a long-term reference, below are charts depicting various stock market indices for the dates shown.  All charts are depicted on a monthly basis using a LOG scale. (click on charts to enlarge images)(charts courtesy of StockCharts.com) … Read moreLong-Term Charts Of The DJIA, Dow Jones Transports, S&P500, And Nasdaq Composite

Money Supply Charts Through August 2014

For reference purposes, below are four charts depicting growth in the money supply. The first shows the MZM (Money Zero Maturity), defined in FRED as the following: M2 less small-denomination time deposits plus institutional money funds. Money Zero Maturity is calculated by the Federal Reserve Bank of St. Louis. Here is the “MZM Money Stock” … Read moreMoney Supply Charts Through August 2014

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – September 26, 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. – September 26, 2014 Update

Durable Goods New Orders – Long-Term Charts Through August 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 August, last updated on September 25, 2014.  This value is 245,433 ($ Millions) : (click on charts to … Read moreDurable Goods New Orders – Long-Term Charts Through August 2014

Forewarning Pronounced Economic Weakness

In the post of September 11, 2014 (“Additional Thoughts Concerning The Economic Situation“) I stated: There are an array of indications and other “warning signs” – many readily apparent – that the current level of economic activity and financial market performance is accompanied by exceedingly perilous dynamics. While some of these indications are plainly evident, … Read moreForewarning Pronounced Economic Weakness

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 September 18, 2014 update (reflecting data through September 12) is -1.222. 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)

Current Economic Situation

With regard to our current economic situation, my thoughts can best be described/summarized by the posts found under the 40 “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 September 22, 2014, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts: Year 2014 estimate: $118.74/share … Read moreS&P500 Earnings Estimates For Years 2014-2017