Chicago Fed National Financial Conditions Index (NFCI)

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 June 1, 2017 update (reflecting data through May 26, 2017) is -1.546. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …

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Chicago Fed National Financial Conditions Index (NFCI)

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 June 1, 2017 update (reflecting data through May 26, 2017) is -1.546. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …

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Chicago Fed National Financial Conditions Index (NFCI)

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 May 18, 2017 update (reflecting data through May 12, 2017) is -1.496. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …

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Money Supply Charts Through April 2017

For reference purposes, below are two sets of charts depicting growth in the money supply. The first shows the MZM (Money Zero Maturity), defined in FRED as the following: M2 less small-denomination time deposits plus institutional money funds. Money Zero Maturity is calculated by the Federal Reserve Bank of St. Louis. Here is the “MZM …

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Updates Of Economic Indicators May 2017

Here is an update of various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The May 2017 Chicago Fed National Activity Index (CFNAI) updated as of May 22, 2017: The CFNAI, with current reading of .49: Federal Reserve Bank of Chicago, Chicago Fed National …

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Chicago Fed National Financial Conditions Index (NFCI)

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 May 11, 2017 update (reflecting data through May 5, 2017) is -1.451. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …

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Broad-Based Indicators Of Economic Activity

The Chicago Fed National Activity Index (CFNAI) and the Aruoba-Diebold-Scotti Business Conditions Index (ADS Index) are two broad-based economic indicators that I regularly feature in this site. The short-term and long-term trends of each continue to be notable. Doug Short, in his blog post of May 11, 2017, titled “The Philly Fed ADS Index Business …

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Chicago Fed National Financial Conditions Index (NFCI)

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 May 4, 2017 update (reflecting data through April 28, 2017) is -1.427. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …

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