America's Economic Future – A Discussion By Ted Kavadas
The following chart is from the CalculatedRisk post of September 20, 2018 titled “Fed’s Flow of Funds: Household Net Worth increased in Q2.” It depicts Total Household Net Worth as a Percent of GDP. The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“: (click on chart to enlarge image) As seen in …
Recently Deloitte released their “CFO Signals” “High-Level Summary” report for the 3rd Quarter of 2018. As seen in page 2 of the report, there were 137 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 …
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 …
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 24 of the “S&P500 Earnings Scorecard” (pdf) of September 19, 2018, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts. For reference, …
As many are aware, Standard & Poor’s publishes earnings estimates for the S&P500. (My posts concerning their estimates can be found under the S&P500 Earnings tag) For reference purposes, the most current estimates are reflected below, and are as September 13, 2018: Year 2018 estimates add to the following: -From a “bottom up” perspective, operating earnings of $157.74/share -From …
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 13, 2018 update (reflecting data through September 7, 2018) is -1.267. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …
On September 12, 2018 the September 2018 Duke/CFO Global Business Outlook was released. It contains a variety of statistics regarding how CFOs view business and economic conditions. In this CFO survey press release, I found the following to be the most notable excerpts – although I don’t necessarily agree with them: The proportion of firms indicating …
U.S. Economic Indicators Throughout this site there are many discussions of economic indicators. At this time, the readings of various indicators are especially notable. This post is the latest in a series of posts indicating U.S. economic weakness or a notably low growth rate. While many U.S. economic indicators – including GDP – are indicating economic growth, others …
The September 2018 Wall Street Journal Economic Forecast Survey was published on September 13, 2018. The headline is “Most Economists See Tariff Effects on U.S. Economy As Limited.” I found numerous items to be notable – although I don’t necessarily agree with them – both within the article and in the “Economist Q&A” section. Two …
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 6, 2018 update (reflecting data through August 31, 2018) is -1.308. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …