Consumer Confidence Surveys – As Of August 31, 2021

Advisor Perspectives had a post of August 31, 2021 (“Consumer Confidence Fell in August“) 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) – While I don’t believe that confidence surveys should be overemphasized, I find these readings …

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Money Supply Charts Through July 2021

For reference purposes, below are two sets of charts depicting growth in the money supply. The first shows the M1, defined in FRED as the following: Before May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those …

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Charts Indicating Economic Weakness – August 2021

U.S. Economic Indicators Throughout this site there are many discussions of economic indicators.  This post is the latest in a series of posts indicating facets of U.S. economic weakness or a notably low growth rate. The level and trend of economic growth is especially notable at this time. As seen in various measures and near-term projections, the U.S. …

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Markets During Periods Of Federal Reserve Intervention – August 9, 2021 Update

In the August 9, 2011 post (“QE3 – Various Thoughts“) I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007. For reference purposes, here is an updated chart (August 6, 2021) from the Advisor Perspectives’ site …

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Average Hourly Earnings Trends

I have written many blog posts concerning the worrisome trends in income and earnings. Along these lines, one of the measures showing disconcerting trends is that of hourly earnings. While the concept of hourly earnings can be defined and measured in a variety of ways, below are a few charts that I believe broadly illustrate problematic …

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Consumer Confidence Surveys – As Of July 30, 2021

Advisor Perspectives had a post of July 30, 2021 (“Michigan Consumer Sentiment…“) 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) – While I don’t believe that confidence surveys should be overemphasized, I find these readings and trends …

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Employment Cost Index (ECI) – June 2021

While the concept of Americans’ incomes can be defined in a number of ways, many prominent measures continue to show disconcerting trends. One prominent measure is the Employment Cost Index (ECI). Here is a description from the BLS document titled “The Employment Cost Index:  what is it?“: The Employment Cost Index (ECI) is a quarterly …

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Real GDP Chart Since 1947 With Trendline – 2nd Quarter 2021

For reference purposes, below is a chart from the Advisor Perspectives’ post of July 29, 2021 titled “Q2 GDP Advance Estimate: Real GDP Inches Up To 6.5%…,” reflecting Real GDP, with a trendline, as depicted.  This chart incorporates the Gross Domestic Product, Second Quarter 2021 (Advance Estimate) of July 29, 2021: _________ I post various indicators and …

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