America's Economic Future – A Discussion By Ted Kavadas
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 2014, and were last updated as of July 30, 2014. As one can see, one of the three measures is at an …
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 July 24, 2014 update (reflecting data through July 18) is -1.330. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other related …
I have written many blog posts concerning the worrisome trends in income and earnings. Doug Short, in his July 28, 2014 post titled “Real Median Household Income Rose .69 Percent in June” produced the chart below. It is based upon data from Sentier Research, and it shows both nominal and real median household incomes since 2000, as …
Starting on May 3, 2010 I have written posts concerning the notable divergence that has occurred between the S&P500 and Chinese (Shanghai Composite) stock markets. The chart below illustrates this divergence; it shows the S&P500 vs. the Shanghai Composite on a daily basis, since 2006: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by …
Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator. For reference, below are charts depicting this measure. First, from the St. Louis Fed site (FRED), a chart through June, last updated on July 25, 2014. This value is 239,917 ($ Millions) : (click on charts to …
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” (pdf) report of …
As many are aware, Thomson Reuters 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 12 of “The Director’s Report” (pdf) of July 23, 2014, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts: Year 2014 estimate: $119.34/share …
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 July 17, 2014 update (reflecting data through July 11) is -1.350. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other related …
With regard to our current economic situation, my thoughts can best be described/summarized by the posts found under the 38 “Building Financial Danger” posts. My thoughts concerning our ongoing economic situation – with future implications – can be seen on the page titled “A Special Note On Our Economic Situation,” which has been found near …
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 July 17, 2014: Year 2014 estimates add to the following: -From a “bottom up” perspective, operating earnings of $120.07/share …