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 September 24, 2020 update (reflecting data through September 18, 2020) is -.3850.
Wednesday, September 30, 2020
Friday, September 25, 2020
Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator.
Thursday, September 24, 2020
On September 24, 2020, the Zillow Q3 2020 Home Price Expectations Survey results were released. This survey is done on a quarterly basis.
Wednesday, September 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.
Tuesday, September 22, 2020
For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2020:Q2). The last value (as of the September 21, 2020 update) is $118.955335 Trillion:
Monday, September 21, 2020
The following chart is from the CalculatedRisk post of September 21, 2020 titled “Fed Flow of Funds: Household Net Worth Increased $6.2 Trillion in Q2.” It depicts Total Household Net Worth as a Percent of GDP. The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“: