The Yield Curve As A Leading Indicator

Here is a link to the NY Fed’s page regarding the yield curve (specifically the 10-year rates vs. 3-month rates) as a leading indicator. What I find interesting is that the chart (pdf, at this link) plotting the current probability of recession indicates an imperceptibly small .04% chance of recession as of January 2010.  As …

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Two Measures Of Economic Activity

Two measures of economic activity that I closely follow have been weak over the recent past months.  This is notable, as they did enjoy a significant “boost” over the mid-2009 timeframe. These two measures have proven to be excellent indicators in the past.  They would be considered “coincident” in nature. I view the weakness of …

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Updates On Economic Indicators

Here are some indicators that are supposed to predict and/or depict economic activity.  These indicators have been discussed in previous blog posts: The ECRI WLI (Weekly Leading Index) was at 131.5 for the week ended January 1.  From the story in the link below: “‘With the WLI climbing to a one-and-a-half-year high, the U.S. economy …

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Another Interesting New Index

I came across a new index that seems interesting. It is called the Dow Jones Economic Sentiment Indicator.  Details can be found here: http://solutions.dowjones.com/economicsentimentindicator/# The only comment I want to make on it at this time is that I find it of interest as it employs a different methodology.  I plan on monitoring this index. …

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