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 4, 2014 update (reflecting data through August 29) is -1.32. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other related …

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Charts Of Equities’ Performance Since March 9, 2009 And January 1, 1980 – September 4, 2014 Update

In the March 9, 2012 post (“Charts of Equities’ Performance Since March 9, 2009 And January 1, 1980“) I highlighted two charts for reference purposes. Below are those two charts, updated through the latest daily closing price. The first is a daily chart of the S&P500 (shown in green), as well as five prominent (AAPL, IBM, …

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September 2 Gallup Poll Results On Economic Confidence – Notable Excerpts

On September 2, 2014 Gallup released the poll results titled “U.S. Economic Confidence Index Stable in August at -16.”  The subtitle is “Current conditions index unchanged at -14 for fifth month.” Notable excerpts include: Gallup’s U.S. Economic Confidence Index was steady at -16 in August. This score falls within the -14 to -17 range that the …

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U.S. Dollar Decline – September 2, 2014 Update

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 …

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