Just One More Reason For the Crappy U.S. Economy

Written by Steven Hansen This past week saw the release¬† of consumer credit data for May. At first I was surprised by the significant difference between the adjusted and unadjusted data. The adjusted data was suggesting consumer credit growth was accelerating; The unadjusted data was consumer credit growth was slightly decelerating for the last 3 …

Joe Sixpack Is Financially As Dumb as a Fence Post

Written by Steven Hansen The majority of Americans may be financially and economically illiterate.  Many have nothing, and likely will never have anything. Over 65% of American adults have a net worth under $100,000. In Australia, over 65% of all adults have a net worth exceeding $100,000.

May 2013 Leading Economic Index Forecasts Upside Potential in 2H2013

Written by Steven Hansen The Conference Board Leading Economic Index (LEI) for the U.S. improved 0.% in May to 95.2 (2004 = 100). Overall, the index value has been slowly trending up. This index is designed to forecast the economy six months in advance. The market expected a 0.2% improvement in the LEI (versus the …

April 2013 Leading Economic Index Forecasts Continuing Economic Expansion

Written by Steven Hansen The Conference Board Leading Economic Index (LEI) for the U.S. improved 0.6% in April to 95.0 (2004 = 100). Overall, the index value has been slowly trending up, and one month is not a trend. This index is designed to forecast the economy six months in advance. The market expected a …

March 2013 Leading Economic Index Forecasts Slowing Economic Growth

Written by Steven Hansen The Conference Board Leading Economic Index (LEI) for the U.S. declined 0.1% in March to 94.7 (2004 = 100). Overall, the index value has been slowly trending up, and one month is not a trend. This index is designed to forecast the economy six months in advance. The market expected a …