For reference, below is a chart of the St. Louis Fed Price Pressures Measures – Deflation Probability [FRED STLPPMDEF] through October 2020.
Friday, October 30, 2020
Thursday, October 29, 2020
Here are three charts from the St. Louis Fed depicting the velocity of money in terms of the MZM, M1 and M2 money supply measures.
For reference purposes, below is a chart from the Advisor Perspectives’ post of October 29, 2020 titled “Q3 GDP Advance Estimate: Real GDP at 31.4%, Record High” reflecting Real GDP, with a trendline, as depicted. This chart incorporates the Gross Domestic Product, Third Quarter 2020 (Advance Estimate) of October 29, 2020:
Wednesday, October 28, 2020
Tuesday, October 27, 2020
Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator.
Monday, October 26, 2020
Friday, October 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.