America's Economic Future – A Discussion By Ted Kavadas
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 …
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 July Chicago Fed National Activity Index (CFNAI)(pdf) updated as of July 26, 2010: The Consumer Metrics Institute Contraction Watch: The USA TODAY/IHS Global Insight Economic Outlook Index: An excerpt …
I have been following The Consumer Metrics Institute’s work since March. I have previously written two posts focusing on their work (both found on March 31), as well as included it in the monthly “Updates On Economic Indicators.” To briefly summarize, I find their work and methodologies very interesting, especially given that they appear quite …
As I commented in the July 12 post: “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.” Along those lines, I would like to make comments on the ECRI WLI …
I found a few items of interest in The July Wall Street Journal Economic Forecast Survey. The economists surveyed continue to place a relatively low probability on a “double-dip” recession. As stated in the article, “Economists, on average, now see the odds of double-dip recession at 20%.” As well, there a variety of interesting questions …
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. Toward that end, I recently came about a July 5 article, found here, from Doug Short that provides a good (and …
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 June Chicago Fed National Activity Index (CFNAI)(pdf) updated as of June 28, 2010: The Consumer Metrics Institute Contraction Watch: The USA TODAY/IHS Global Insight Economic Outlook Index: An excerpt …