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 …

Read more

Markets During Periods Of Federal Reserve Intervention – January 7, 2016 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 (through January 6, 2016) from Doug Short’s blog …

Read more

January 5, 2016 Gallup Poll Results On Economic Confidence – Notable Excerpts

On January 5, 2016 Gallup released the poll results titled “U.S. Economic Confidence Averages -11 in December.” Notable excerpts include: Gallup’s Economic Confidence Index averaged -11 in December, which is slightly better than the monthly averages of -12 to -14 measured from July through November. Americans’ economic confidence was slightly lower in December than earlier …

Read more

Consumer Confidence Surveys – As Of December 29, 2015

Doug Short had a blog post of December 29, 2015 (“Consumer Confidence Improved in December“) in which he presents 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) – – There are a few aspects of the above charts that I …

Read more

Durable Goods New Orders – Long-Term Charts Through November 2015

Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator. For reference, below are two charts depicting this measure. First, from the St. Louis Fed site (FRED), a chart through November, updated on December 23, 2015. This value is $238,776 ($ Millions): (click on charts to enlarge …

Read more

Money Supply Charts Through November 2015

For reference purposes, below are two sets of charts depicting growth in the money supply. The first shows the MZM (Money Zero Maturity), defined in FRED as the following: M2 less small-denomination time deposits plus institutional money funds. Money Zero Maturity is calculated by the Federal Reserve Bank of St. Louis. Here is the “MZM …

Read more

Chart Of Moody’s Seasoned Baa Corporate Bond Yield Relative To The Yield On The 10-Year Treasury Constant Maturity

In the October 6, 2015 post (“Comparisons Of Economic And Financial Aspects – 2008 And 2015“) I discussed credit spreads and featured a chart of the spread between Moody’s Seasoned Baa Corporate Bond and the 10-Year Treasury Constant Maturity. For reference, here is an updated long-term chart of the measure, with a current reading (updated …

Read more

Trends Of U.S. Treasury Yields – December 14, 2015 Update

For references purposes, below are two charts that show the trend in interest rates for various Treasuries, including the 3-Month, 2-Year, 5-Year, 7-Year, and 10-Year. A chart showing the interest rate trends of the last 20 years, on a monthly basis: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by …

Read more