America's Economic Future – A Discussion By Ted Kavadas
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, …
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 …
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 …
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 March 26, 2020 update (reflecting data through March 20, 2020) is 5.7870. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and …
Advisor Perspectives had a post of March 31, 2020 (“Consumer Confidence ‘Declined Sharply in March’“) 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) – There are a few aspects of the above charts that I find highly …
On Friday, President Trump signed into law H.R. 748, the “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES” Act. The Act authorizes over $2 Trillion to be spent. As stated in a March 27, 2020 Statement By The President: The Act makes emergency supplemental appropriations and other changes to law to help the …
In the last post (“4th Quarter 2019 Corporate Profits“) I displayed, for reference purposes, a long-term chart depicting Corporate Profits After Tax. There are many ways to view this measure, both on an absolute as well as relative basis. One relative measure is viewing Corporate Profits as a Percentage of GDP. I feel that this …
Today’s (March 26, 2020) GDP release (Q4 2019, third estimate) was accompanied by the Bureau of Economic Analysis (BEA) Corporate Profits report (preliminary estimate) for the 4th Quarter. Of course, there are many ways to adjust and depict overall Corporate Profits. For reference purposes, here is a chart from the St. Louis Federal Reserve (FRED) …
This post is an update to past posts regarding stock market volatility. While I track many different measures of volatility, I find the following charts to be both simple and clear in depicting the recent volatility in the stock market. Overall, my analyses indicates that there are many reasons for this volatility, and the volatility is …
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 February 2020, updated on March 25, 2020. This value is $249,409 ($ Millions): (click on charts to …