For reference, below is a chart of the St. Louis Fed Price Pressures Measures – Deflation Probability [FRED STLPPMDEF] through January 2021.
Sunday, January 31, 2021
Friday, January 29, 2021
Each month I have been highlighting various estimates of U.S. recession probabilities. The latest update was that of January 11, 2021, titled “Recession Probability Models – January 2021.”
Advisor Perspectives had a post of January 29, 2021 (“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:
On January 28, 2021 Gallup released the poll results titled “Americans’ Economic Mood Sinks for Second Straight Month.”
Thursday, January 28, 2021
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.
On Wednesday, January 27, 2021 FOMC Chairman Jerome Powell gave his scheduled January 2021 FOMC Press Conference. (link of video and related materials)
For reference purposes, below is a chart from the Advisor Perspectives’ post of January 28, 2021 titled “Q4 GDP Advance Estimate: Real GDP at 4%,” reflecting Real GDP, with a trendline, as depicted. This chart incorporates the Gross Domestic Product, 4th Quarter and Year 2020 (Advance Estimate) of January 28, 2021:
Wednesday, January 27, 2021
Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator.