Advisor Perspectives had a post of May 28, 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:
Friday, May 28, 2021
Thursday, May 27, 2021
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 May 27, 2021 update (reflecting data through May 21, 2021) is -.8527:
Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator.
Wednesday, May 26, 2021
Tuesday, May 25, 2021
Federal Reserve and federal government intervention efforts remain a critical subject. I have written extensively about many types of interventions, including Quantitative Easing (QE) and past economic stimulus programs. Posts discussing these intervention measures can generally be found under the “Interventions” label.
Monday, May 24, 2021
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.