Friday, July 13, 2012

St. Louis Financial Stress Index – July 12, 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 July 12, incorporating data from December 31,1993 to July 6, 2012 on a weekly basis.  The July 6, 2012 value is .314 :


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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 1347.71 as this post is written

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