America's Economic Future – A Discussion By Ted Kavadas
I found various notable items in Walmart’s Q1 2014 earnings call transcript (pdf) dated May 16, 2013. I view Walmart’s results and comments as particularly noteworthy given their retail prominence and focus on low prices. I have previously commented on their quarterly conference call comments; these previous posts are found under the “paycheck to paycheck” tag. Here are various excerpts …
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. The movement of the ECRI WLI and WLI, …
On March 28, 2011 I wrote a post (“The STLFSI“) about the St. Louis Fed’s Financial Stress Index (STLFSI) which is supposed to measure stress in the financial system. For reference purposes, the most recent chart is seen below. This chart was last updated on May 16, incorporating data from December 31,1993 to May 10, …
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 yesterday’s closing price. The first is a daily chart of the S&P500 (shown in green), as well as five prominent (AAPL, IBM, WFM, SBUX, …
This post is the latest I have written concerning the stock market. For reference, below is a one-year daily chart of the S&P500 through May 15 (with a closing price of 1658.78), indicating both the 50dma and 200dma: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author) There …
One subject that is a major issue – and one that many believe is “holding back the economy” – is that of “uncertainty.” This is a substantial concern to businesses, both large and small, as seen in recent business surveys including the NFIB Small Business Optimism Survey as well as the Deloitte “CFO Signals” Survey. …
The May Wall Street Journal Economic Forecast Survey was published on May 13, 2013. The headline is “Economic Road Clearing, but the Going is Slow.” I found numerous items to be notable – although I don’t necessarily agree with them – both within the article and in the Q&A found in the spreadsheet. Notable excerpts …
The Philadelphia Fed Second Quarter 2013 Survey of Professional Forecasters was released on April 10. This survey is somewhat unique in various regards, such as it incorporates a longer time frame for various measures. The survey shows, among many measures, the following expectations: Real GDP: (annual average level) full-year 2013 : 2.0% full-year 2014 : 2.8% full-year 2015: …
In the August 9, 2011 post (“QE3 – Various Thoughts“) I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007. For reference purposes, here is an updated chart from Doug Short’s blog post of May 9 …
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. The movement of the ECRI WLI and WLI, …