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 …
For reference purposes, below is a chart of the S&P500 and VIX from 2003 through Monday’s (July 31, 2017) close. The closing price for the S&P500 was 2470.30 and the VIX had a closing value of 10.26. Price labels are also shown: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation …
Here are three charts from the St. Louis Fed depicting the velocity of money in terms of the MZM, M1 and M2 money supply measures. All charts reflect quarterly data through the 2nd quarter of 2017, and were last updated as of July 28, 2017. As one can see, two of the three measures are at an …
Doug Short had a blog post of July 28, 2017 (“Michigan Consumer Sentiment: July Final Continues to Slip“) 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 …
While the concept of Americans’ incomes can be defined in a number of ways, many prominent measures continue to show disconcerting trends. One prominent measure is the Employment Cost Index (ECI). Here is a description from the BLS document titled “The Employment Cost Index: what is it?“: The Employment Cost Index (ECI) is a quarterly …
For reference purposes, below is a chart from Doug Short’s “Q2 GDP Advance Estimate: Real GDP at 2.6%” post of July 28, 2017, depicting Real GDP, with a trendline, as depicted. This chart reflects the Gross Domestic Product Q2 2017 Advance Estimate (pdf) of July 28, 2017: _________ I post various indicators and indices because I believe they …
Here 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 July 2017 Chicago Fed National Activity Index (CFNAI) updated as of July 27, 2017: The CFNAI, with current reading of .13: Federal Reserve Bank of Chicago, Chicago Fed National Activity Index …
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 June 2017, updated on July 27, 2017. This value is $245,568 ($ Millions): (click on charts to …