8 Disturbing Charts
Ted Kavadas | Apr 16, 2014 10:41AM ET
I find the following charts to be disturbing. These charts would be disturbing at any point in the economic cycle; that they (on average) depict such a tenuous situation now – 58 months after the official (as per the September 20, 2010 NBER BCDC announcement) June 2009 end of the recession – is especially notable.
These charts raise a lot of questions. As well, they highlight the "atypical" nature of our economic situation from a long-term historical perspective.
All of these charts (except one, as noted) are from the Federal Reserve, and represent the most recently updated data.
The following eight charts are from the St. Louis Federal Reserve:
h3 Housing starts/h3(last updated 3-18-14):
This last chart is of the Chicago Fed National Activity Index (CFNAI, and its 3-month moving average CFNAI-MA3) and it depicts broad-based economic activity (last updated 3-24-14):
I will continue to update these charts on an intermittent basis as they deserve close monitoring…
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This Special Note summarizes my overall thoughts about our economic situation
The S&P 500 at this post: 1842.98.
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