U-3 And U-6 Unemployment Rate Long-Term Reference Charts As Of May 8, 2020

Shortly after each monthly employment report I have been posting a continual series titled “3 Critical Unemployment Charts.” Of course, there are many other employment charts that can be displayed as well. For reference purposes, below are the U-3 and U-6 Unemployment Rate charts from a long-term historical perspective.  Both charts are from the St. …

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Building Financial Danger – May 8, 2020 Update

My overall analysis indicates a continuing elevated and growing level of financial danger which contains many worldwide and U.S.-specific “stresses” of a very complex nature. I have written numerous posts on this site concerning both ongoing and recent “negative developments.”  These developments, as well as other exceedingly problematical conditions, have presented a highly perilous economic environment …

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Chicago Fed National Financial Conditions Index (NFCI)

The St. Louis Fed’s Financial Stress Index (STLFSI2) is one index that is supposed to measure stress in the financial system.  Its reading as of the April 30, 2020 update (reflecting data through April 24, 2020) is 1.955. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and …

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Charts Of Equities’ Performance Since March 9, 2009 And January 1, 1980 – May 4, 2020 Update

In the March 9, 2012 post (“Charts of Equities’ Performance Since March 9, 2009 And January 1, 1980“) I highlighted two charts for reference purposes. Below are those two charts, updated through the latest daily closing price. The first is a daily chart of the S&P500 (shown in green), as well as five prominent (AAPL, IBM, …

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Main U.S. Stock Market Indexes – Four Ultra Long-Term Charts

StockCharts.com maintains long-term historical charts of various major stock market indices, interest rates, currencies, commodities, and economic indicators. As a long-term reference, below are charts depicting various stock market indices for the dates shown.  All charts are depicted on a monthly basis using a LOG scale. (click on charts to enlarge images)(charts courtesy of StockCharts.com) The …

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U.S. Dollar Decline – May 1, 2020 Update

U.S. Dollar weakness is a foremost concern of mine.  As such, I have extensively written about it.  I am very concerned that the actions being taken to “improve” our economic situation will dramatically weaken the Dollar.  Should the Dollar substantially decline from here, as I expect, the negative consequences will far outweigh any benefits.  The negative impact of a substantial …

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The High Degree Of Peril Inherent In The U.S. Economic Situation

Various surveys, economic growth projections, and market risk indicators portray a short period of substantial U.S. economic decline through mid-2020, followed by a significant economic rebound and then financial system stability for the foreseeable future. However, there are various indications – many of which have been discussed on this site – that this very widely-held …

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Another Recession Probability Indicator – Updated Through Q4 2019

Each month I have been highlighting various estimates of U.S. recession probabilities.  The latest update was that of April 7, 2020, titled “Recession Probability Models – April 2020.” While I don’t agree with the methodologies employed or the probabilities of impending economic weakness as depicted by these and other estimates, I do believe that the …

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