Friday, March 9, 2012

St. Louis Financial Stress Index – March 8, 2012 Update


On March 28, 2011 I wrote a post ("The STLFSI") about the  STLFSI (St. Louis Fed’s Financial Stress Index) 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 March 8, incorporating data from 12-31-93 to 3-2-12 on a weekly basis.  The present level is .278 :

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I post various indicators and indices because I believe they should be carefully monitored.  However, as those familiar with this blog are aware, I do not necessarily agree with what they depict or imply.
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The Special Note summarizes my overall thoughts about our economic situation

SPX at 1365.91 as this post is written

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