In the first quarter of 2016, the preliminary monthly data for the number and value of new home sales throughout the United States indicates that the growth of the U.S. new home market has stalled out with respect to the previous quarter.
Through the end of Fiscal Year 2015, back on 30 September 2015, we estimate that the ratio of the United States' total public debt outstanding to the nation's median household income is approximately 263%.
Through Friday, 22 April 2016, the pace at which publicly-traded U.S. companies are cutting their dividends is much higher than what was recorded at the same point of time during the first quarter of 2016.
We have been periodically tracking the statistical trends for the number of new jobless claims in the United States, at both the national level and also at the subnational level. Today, we're going to update what we're seeing in the data.
It seems like we just talked about the alternative futures for the S&P 500, which is because we did just last Thursday as we explored the decline in stock price volatility our model projects through the second quarter of 2016.
On Wednesday, 6 April 2016, St. Louis Federal Reserve President James Bullard said something that, for once, didn't move stock prices.
How much will California's recently passed legislation to raise its minimum wage from its current level of $10.00 per hour to $15.00 per hour by 2021 (or 2022 at the latest) have upon the state's employment levels by age?
It seems strange to refer to a trading week that began with Monday, 7 April as "Week 1" of the month of April, but we're stuck with it because we referred to the previous week as "Week 5" of March 2016!
If you were to drag a $100 bill through Harvard Yard, there's no telling what fool thing you can get a Harvard professor to sign onto, even if it hurts themselves.
Going by the exchange rate adjusted year-over-year growth rate of the value of trade between the two nations, the relative health of the economies of both China and the U.S. would appear to have rebounded in February 2016 as compared to previous months.
What does the stalling out of the U.S. new home market mean for the buyers of new homes in the United States?
In the first quarter of 2016, 189 U.S. firms announced that they would be cutting their dividend payments to their shareholders, making it the worst quarter for dividend cuts since the first quarter of 2009, which saw 222 firms reduce their dividends as the U.S. stock market reached its bottom during the Great Recession.
For the last time, let's recall the prediction we made four weeks ago, back on 7 March 2016, when we explained why were going to discard our standard model's projections of a rough ride for the S&P 500 for the rest of March 2016.
Last week, economist Steve Keen went on record to predict that Australia's economy would fall into recession in 2017.
The following chart shows the recent past and the expected future for the S&P 500's dividends per share, spanning 2015-Q1 through 2017-Q1.
Before we begin, let's recall, as we did last week and the week before, what it was that we said three weeks ago in comparing what our S&P 500 forecasting model was projecting would be the apparent trajectory of stock prices for March 2016 versus what we predicted that they actually would follow.
It is looking more and more like the market for new homes in the U.S. is did indeed reached a top in the fourth quarter of 2015.
Did you know that there was no open-market price for silver in the United States in the period from 2 April 1792 until 12 February 1873?
As we did last week, we'll begin by reminding you of what we said back in the first week of March 2016 before you look at our updated chart showing the actual trajectory of the S&P 500 against the alternative trajectories of what our futures-based model forecast.
We're delaying our weekly look at the S&P 500's performance in the previous week by a day because sometime later today, we'll get our first look at what the expectations for dividends are for the first quarter of 2017.