finance charts

In yesterday's daily note, David Rosenberg showed us this chart of the wild swings in the foreign exchange markets since the beginning of 2007. His interpretation of the chart is that it demonstrates a "series of rolling currency…

John Hussman's latest weekly newsletter talks a lot about the anger that Americans feel at being told the recession ended in June 2009 when the economy is still losing jobs. He makes some very good points. See this Economix piece which…

by Annaly Capital Management Last Friday was a Z.1 Flow of Funds day, always a fun day. The 137 page report from the Federal Reserve features data for the second quarter of 2010. Total credit market debt outstanding grew slightly during…

In this piece on GDP and recessions, John Lounsbury expands on an earlier article about how this particular recession is different. Catch more of John and other top-notch econ writers at Global Economic Intersection, John's new website on…

This chart comes via David Rosenberg at Gluskin Sheff. Rosenberg tops it off with this commentary: While we are “underweight” equities as an asset class, we aren’t exactly zero-weight. There are always things to buy and S.I.R.P. does…

by John Lounsbury David Rosenberg, chief economist at Toronto's Gluskin Sheff, is continually publishing interesting graphs. Below one from today's newsletter which shows the relationship between 12-month forward earnings estimates for the…

Jobless claims have been quite elevated of late, averaging around 450-480,000 for the past few months. While these are worrying figures, they do not in and of themselves point to recession. In my last post I used a chart of the year-on-year…

I tend to put a lot of stock in jobless claims as a coincident (real-time) indicator of the economic scene. My reasoning here is fairly simple. Household spending makes up 70% of the economy. Households are dependent on labour wages for the…

This week the following graph from https://www.chartoftheday.com https://www.chartoftheday.com/ has been annotated by the author to highlight similarities of the current era for stocks to a corporate earnings pattern traced out nearly a…

By Annaly Capital Management. The initial estimate of 2.4% annualized real GDP growth in 2Q 2010 will likely be revised lower (probably to something with a 1%-handle, depending on who you ask) in light of new data for June that was worse…