America's Economic Future – A Discussion By Ted Kavadas
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 2, incorporating data from December 31,1993 to April 26, …
While I don’t necessarily agree with any or all parts of the following statement, released yesterday, from Financial Services Committee Chairman Jeb Hensarling (R-TX), I do think that it is notable, and as such should be recognized. Here is the statement, which is in response to continued monetary stimulus as announced in yesterday’s Federal Reserve FOMC Statement : …
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 …
As a reference for long-term house price index trends, below is a chart, updated with the most current data (through February, except for the Case-Shiller National Index, which is through December), from the CalculatedRisk blog post of April 30 titled “Real House Prices, Price-to-Rent Ratio, City Prices Relative to 2000” : (click on chart to …
On April 25, The Conference Board released its 1st Quarter CEO Confidence Survey. The overall measure of CEO Confidence was at 54, up from 46 in the fourth quarter. [note: a reading of more than 50 points reflects more positive than negative responses] Notable excerpts from this April 25 Press Release include: CEOs’ assessment of current …
Doug Short had a blog post of April 26 (“Michigan Consumer Sentiment: Better Than Expected, But Worse Than Last Month“) 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 …
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 first quarter of 2013, and were last updated as of April 26, 2013. As one can see, two of the three measures are at all-time …
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 April 25, incorporating data from December 31,1993 to April 19, …