Consumer Confidence Surveys – As Of July 31, 2015

Doug Short had a blog post of July 31, 2015 (“Michigan Consumer Sentiment: Small Decline but Still Positive Trend“) 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 … Read moreConsumer Confidence Surveys – As Of July 31, 2015

Stock Market Capitalization To GDP – Through Q2 2015

“Stock market capitalization to GDP” is a notable and important metric regarding stock market valuation.  In February of 2009 I wrote of it in “Does Warren Buffett’s Market Metric Still Apply?” Doug Short has recently published a post depicting this “stock market capitalization to GDP” metric. As seen in his July 30, 2015 post titled … Read moreStock Market Capitalization To GDP – Through Q2 2015

Velocity Of Money – Charts Updated Through July 30, 2015

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 2nd quarter of 2015, and were last updated as of July 30, 2015.  As one can see, two of the three measures are at an … Read moreVelocity Of Money – Charts Updated Through July 30, 2015

Real GDP Chart Since 1947 With Trendline – 2nd Quarter 2015

For reference purposes, below is a chart from Doug Short’s “Q2 GDP Advance Estimate at 2.3%, Close to Mainstream Forecasts” post of July 30, 2015, depicting Real GDP, with a trendline, as depicted.  This chart reflects the Gross Domestic Product Q2 2015 Advance Estimate (pdf) of July 30, 2015: _____ The Special Note summarizes my overall thoughts about our economic … Read moreReal GDP Chart Since 1947 With Trendline – 2nd Quarter 2015

Three Charts Of Recent S&P500 Price Volatility

This post is an update to past posts regarding stock market volatility. While I track many different measures of volatility, I find the following charts to be both simple and clear in depicting the recent increased volatility in the stock market. Overall, my analyses indicates that there are many reasons for this volatility, and the volatility … Read moreThree Charts Of Recent S&P500 Price Volatility

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 July 23, 2015 update (reflecting data through July 17) is -1.029. 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 June 2015

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 June, updated on July 27, 2015. This value is $235,337 ($ Millions): (click on charts to enlarge images) … Read moreDurable Goods New Orders – Long-Term Charts Through June 2015

U.S. Deflation – July 27, 2015 Update

This post provides an update to various past posts discussing deflation and “deflationary pressures,” including the most recent post, that of January 27, 2015 titled “U.S. Deflation – January 27, 2015 Update.”   I have extensively written of “deflationary pressures” and deflation as I continue to believe that prolonged U.S. deflationary conditions are on the … Read moreU.S. Deflation – July 27, 2015 Update

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – July 24, 2015 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. Below are three long-term charts, from Doug Short’s … Read moreLong-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – July 24, 2015 Update

Money Supply Charts Through June 2015

For reference purposes, below are two sets of 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 … Read moreMoney Supply Charts Through June 2015