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 May 31, 2018 update (reflecting data through May 25, 2018) is -1.148. 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)

House Prices Reference Chart

As a reference for long-term house price index trends, below is a chart, updated with the most current data (through March) from the CalculatedRisk blog post of May 29, 2018 titled “Case-Shiller:  National House Price Index increased 6.5% year-over-year in March”: _________ I post various indicators and indices because I believe they should be carefully … Read moreHouse Prices Reference Chart

Consumer Confidence Surveys – As Of May 29, 2018

Doug Short’s site had a post of May 29, 2018 (“Consumer Confidence Improves in May“) 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 I find highly … Read moreConsumer Confidence Surveys – As Of May 29, 2018

Durable Goods New Orders – Long-Term Charts Through April 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 April 2018, updated on May 25, 2018. This value is $248,496 ($ Millions): (click on charts to … Read moreDurable Goods New Orders – Long-Term Charts Through April 2018

Money Supply Charts Through April 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 April 2018

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 May 17, 2018 update (reflecting data through May 11, 2018) is -1.122. 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)

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

Zillow Q2 2018 Home Price Expectations Survey – Summary & Comments

On May 22, 2018, the Zillow Q2 2018 Home Price Expectations Survey results were released.  This survey is done on a quarterly basis. An excerpt from the press release: In the meantime, experts think the housing market will continue to experience strong appreciation. They predict U.S. home values will rise 5.5 percent in 2018 to a median … Read moreZillow Q2 2018 Home Price Expectations Survey – Summary & Comments