The St. Louis Fed’s Financial Stress Index (STLFSI2) is one index that is supposed to measure stress in the financial system. Its reading as of the November 19, 2020 update (reflecting data through November 13, 2020) is -.8328.
Wednesday, November 25, 2020
Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator.
Advisor Perspectives had a post of November 25, 2020 (“Michigan Consumer Sentiment…“) that displays the latest Conference Board Consumer Confidence and Thomson/Reuters University of Michigan Consumer Sentiment Index charts. They are presented below:
Monday, November 23, 2020
Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood. While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, sustainable long-term economic vitality is to be realized.