America's Economic Future – A Discussion By Ted Kavadas
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 16, 2020 update (reflecting data through April 10, 2020) is 2.0198. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and …
S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time. FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings. For reference purposes, here are two charts as seen in the “Earnings Insight” report of April …
As many are aware, Refinitiv publishes earnings estimates for the S&P500. (My other posts concerning S&P earnings estimates can be found under the S&P500 Earnings tag) The following estimates are from Exhibit 24 of the “S&P500 Earnings Scorecard” (pdf) of April 21, 2020, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts. For reference, the …
As many are aware, Standard & Poor’s publishes earnings estimates for the S&P500. (My posts concerning their estimates can be found under the S&P500 Earnings tag) For reference purposes, the most current estimates are reflected below, and are as of April 16, 2020: Year 2020 estimates add to the following: -From a “bottom up” perspective, operating earnings of $138.65/share …
The following is an update of various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The April 2020 Chicago Fed National Activity Index (CFNAI) updated as of April 20, 2020: The CFNAI, with current reading of -4.19: source: Federal Reserve Bank of Chicago, Chicago Fed National …
As I stated in my July 12, 2010 post (“ECRI WLI Growth History“): 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. Below are three long-term charts, from Advisor Perspectives’ …
On April 15, 2020 the April 2020 Duke/CFO Global Business Outlook was released. It contains a variety of statistics regarding how CFOs view business and economic conditions. In this CFO survey press release, I found the following to be the most notable excerpts – although I don’t necessarily agree with them: The CFO Optimism Index fell to …
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 9, 2020 update (reflecting data through April 3, 2020) is 2.7226. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and …
On April 9, 2020, The Conference Board released the 1st Quarter Measure Of CEO Confidence. The overall measure of CEO Confidence was at 36, down from 43 in the fourth quarter. [note: a reading of more than 50 points reflects more positive than negative responses] Notable excerpts from this April 9, 2020 Press Release include: “In …
U.S. Economic Indicators Throughout this site there are many discussions of economic indicators. At this time, the readings of various indicators are especially notable. This post is the latest in a series of posts indicating U.S. economic weakness or a notably low growth rate. The level and trend of economic growth is especially notable at this time. As …