4 Confidence Charts

Here are four charts reflecting confidence survey readings.  These are from the SentimenTrader.com site. I find these charts valuable as they provide a long-term history of each survey, which is rare. Each survey chart is plotted in blue, below the S&P500: (click on each chart to enlarge image) Conference Board Consumer Confidence, last updated 6-29-10: … Read more 4 Confidence Charts

“That Won’t Be Allowed To Happen”

Occasionally I hear “That won’t be allowed to happen,” which has been said by many prominent people within the political, financial and economic community.  This phrase, in essence, is meant to say that some type of severe economic weakness or other calamitous economic event won’t, and can’t, occur. I find this phrase rather mystifying; rarely … Read more “That Won’t Be Allowed To Happen”

Business Roundtable Speech Of June 22, 2010

On June 22 Ivan Seidenberg, Chairman of The Business Roundtable, gave a speech (pdf) to the Economic Club of Washington. Here are some notable speech passages: “But frankly, we have become somewhat troubled by a growing disconnect between Washington and the business community that is harming our ability to expand the economy and grow private-sector … Read more Business Roundtable Speech Of June 22, 2010

Raghuram Rajan Interview – Noteworthy Comment

A June 17 2010 Raghuram Rajan interview contained several interesting viewpoints. While I don’t necessarily agree with what he says in this interview, I found it to be well worth reading. Of particular note was the following comment, which I found provocative – if not very much so – and thought-provoking, as its implications, if … Read more Raghuram Rajan Interview – Noteworthy Comment

Total Household Net Worth As Percent Of GDP 1Q 2010

The following chart is from the CalculatedRisk Blog of June 10, 2010.  It depicts Total Household Net Worth as a Percent of GDP.  The underlying data is from The Federal Reserve Flow of Funds 1Q2010 report: click on chart to enlarge image As seen in the above-referenced CalculatedRisk blog post: “According to the Fed, household … Read more Total Household Net Worth As Percent Of GDP 1Q 2010