Consumer Confidence Surveys – As Of March 29, 2018

Doug Short’s site had a post of March 29, 2018 (“Michigan Consumer Sentiment:  March Final Highest Since 2004“) that displays 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 … Read moreConsumer Confidence Surveys – As Of March 29, 2018

Deloitte “CFO Signals” Report Q1 2018 – Notable Aspects

Recently Deloitte released their “CFO Signals” “High-Level Summary” report for the 1st Quarter of 2018. As seen in page 2 of the report, there were 155 survey respondents.  As stated: “Each quarter (since 2Q10), CFO Signals has tracked the thinking and actions of CFOs representing many of North America’s largest and most influential companies. All … Read moreDeloitte “CFO Signals” Report Q1 2018 – Notable Aspects

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 March 22, 2018 update (reflecting data through March 16, 2018) is -1.116. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other … Read moreChicago Fed National Financial Conditions Index (NFCI)

Money Supply Charts Through February 2018

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 February 2018

Updates Of Economic Indicators March 2018

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 March 2018 Chicago Fed National Activity Index (CFNAI) updated as of March 26, 2018: The CFNAI, with current reading of .88: Federal Reserve Bank of Chicago, Chicago Fed National Activity … Read moreUpdates Of Economic Indicators March 2018

Durable Goods New Orders – Long-Term Charts Through February 2018

Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator. For reference, below are two charts depicting this measure. First, from the St. Louis Fed site (FRED), a chart through February 2018, updated on March 23, 2018. This value is $247,718 ($ Millions): (click on charts to … Read moreDurable Goods New Orders – Long-Term Charts Through February 2018

The U.S. Economic Situation – March 23, 2018 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, … Read moreThe U.S. Economic Situation – March 23, 2018 Update

Jerome Powell’s March 21, 2018 Press Conference – Notable Aspects

On Wednesday, March 21, 2018 Jerome Powell gave his scheduled March 2018 FOMC Press Conference. (link of video and related materials) Below are Jerome Powell’s comments I found most notable – although I don’t necessarily agree with them – in the order they appear in the transcript.  These comments are excerpted from the “Transcript of … Read moreJerome Powell’s March 21, 2018 Press Conference – Notable Aspects