America's Economic Future – A Discussion By Ted Kavadas
There are a variety of economic models that are supposed to predict the probabilities of recession. While I don’t agree with the methodologies employed or probabilities of impending economic weakness as depicted by the following two models, I think the results of these models should be monitored. Please note that each of these models is …
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 January 17, incorporating data from December 31,1993 to January 11, …
This post is an update to previous posts concerning food stamps. The program is officially called “Supplemental Nutrition Assistance Program,” or SNAP. As stated on the SNAP website, “As of Oct. 1, 2008, Supplemental Nutrition Assistance Program (SNAP) is the new name for the federal Food Stamp Program.” The data was last updated January 4, 2013, reflecting October 2012 levels. …
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 …
The January Wall Street Journal Economic Forecast Survey was published on January 10, 2013. The headline is “‘Cliff’ Deal Seen Hitting Growth.” Although I don’t agree with various aspects of the survey’s contents, I found numerous items to be notable, both within the article and in the Q&A found in the spreadsheet. An excerpt from …
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 January 10, incorporating data from December 31,1993 to January 4, …
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 last current price. The first is a daily chart of the S&P500 (shown in green), as well as five prominent (AAPL, IBM, WFM, …
On January 7, The Conference Board released its 4th Quarter CEO Confidence Survey. The overall measure of CEO Confidence was at 46, up from 42 in the third quarter. [note: a reading of more than 50 points reflects more positive than negative responses] Notable excerpts from this January 7 Press Release include: CEOs’ assessment of current …