America's Economic Future – A Discussion By Ted Kavadas
On July 5, 2017 Gallup released the poll results titled “Americans’ Confidence In Economy Remains at Low for the Year.” Notable excerpts include: Americans’ confidence in the economy remained at a 2017 low in June, with Gallup’s U.S. Economic Confidence Index averaging +3 for the second month in a row. Despite confidence lagging below January’s monthly record high …
For reference purposes, below are two charts of the VIX from year 2000 through Friday’s (June 30, 2017) close, which had a closing value of 11.18. Here is the VIX Weekly chart, depicted on a LOG scale, with the 13- and 34-week moving averages, seen in the cyan and red lines, respectively: (click on chart …
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 …
On June 13, 2017 the June 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, I found the following to be the most notable excerpts – although I don’t necessarily agree with them: Uncertainty about regulatory policy and health care costs …
Doug Short had a blog post of June 30, 2017 (“Michigan Consumer Sentiment: June Final Slips, But Still Optimistic“) 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 …
The St. Louis Fed’s Financial Stress Index (STLFSI) is one index that is supposed to measure stress in the financial system. Its reading as of the June 22, 2017 update (reflecting data through June 16, 2017) is -1.565. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …
Many people believe that the Yield Curve is an important economic indicator. On March 1, 2010, I wrote a post on the issue, titled “The Yield Curve As A Leading Economic Indicator.” An excerpt from that post: On the NY Fed link above, they have posted numerous studies that support the theory that the yield …
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 May 2017, updated on June 26, 2017. This value is $228,180 ($ Millions): (click on charts to …