America's Economic Future – A Discussion By Ted Kavadas
On October 7 The Wall Street Journal had a story titled “Debt Crisis Dims IMF Outlook.” A couple of excerpts from the story: “All told, the IMF predicted the world economy will expand 4.8% in 2010 and 4.2% in 2011.” and: “The risks for economies to backslide are still high amid the fragile economic recovery, …
This post highlights current readings from the Consumer Metrics Institute. Previous posts solely concerning the Consumer Metrics Institute (CMI) can be found on August 23, July 27 and March 31; as well CMI data is included in the monthly “Updates On Economic Indicators.” Here are a couple of charts concerning the CMI’s Daily Growth Index, …
On September 28 the Business Roundtable’s CEO Economic Outlook Survey was released for Q3. The Duke/CFO Magazine Global Business Outlook Survey was released on September 15. Both surveys are well worth looking at, and in general highlight a weakening outlook among executives. In the CEO survey, of particular interest is the CEO Economic Outlook Index, …
Here is an update on various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The September Chicago Fed National Activity Index (CFNAI)(pdf) updated as of September 27, 2010: The Consumer Metrics Institute Contraction Watch: The USA TODAY/IHS Global Insight Economic Outlook Index: An excerpt …
I found a few items of interest in the September Wall Street Journal Economic Forecast Survey. Perhaps the most interesting were the questions asked of the economists, including “Why is the U.S. recovery so disappointingly slow?” Also, similar to recent surveys in which this double-dip question has been asked, the survey said “The economists on …
I have mentioned The Chicago Fed National Activity Index (CFNAI) in a variety of posts, first in a March 30 post and then in the monthly Updates on Economic Indicators. I view the CFNAI (which is usually expressed via a 3-month moving average denoted CFNAI-3) as being among the most valuable of commonly referenced official …
In the August 16-August 29 Bloomberg BusinessWeek, there is a quote from Jeremy Siegel in which he says, “The stock market’s telling us there’s some good things happening. And I don’t think it’s only what they think Bernanke is going to say. There is now a very broad consensus that this…is not going to develop …
Here is an update on various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The August Chicago Fed National Activity Index (CFNAI)(pdf) updated as of August 23, 2010: The Consumer Metrics Institute Contraction Watch: The USA TODAY/IHS Global Insight Economic Outlook Index: An excerpt …
This post highlights current readings from the Consumer Metrics Institute. Previous posts solely concerning the Consumer Metrics Institute (CMI) can be found on July 27 and March 31; as well CMI data is included in the monthly “Updates On Economic Indicators.” Here is a chart of CMI’s Daily Growth Index: (click on chart images to …
I found a few items of interest in the August Wall Street Journal Economic Forecast Survey. Perhaps the most interesting (and perhaps provocative item) was the following: “”It is irresponsible nonsense to claim that tax cuts ‘pay for themselves,’ ” said Nicholas Perna of Perna Associates.” As well, there a variety of interesting questions asked …