Every month, the St. Louis Fed puts out their monthly book of charts. They cover lots of great stuff:
Monetary and Financial Indicators at a Glance
Monetary Aggregates and Their Components
Monetary Aggregates: Monthly Growth
Reserves Markets and Short-Term Credit Flows
Measures of Expected Inflation
Interest Rates
Policy-Based Inflation Indicators
Implied Forward Rates, Futures Contracts, and Inflation-Indexed Securities
Velocity, Gross Domestic Product, and M2
Bank Credit
Stock Market Index and Foreign Inflation and Interest Rates
Its a great source of lots of good things, all in one place. If you don’t have access to a Bloomberg terminal at the moment, you might otherwise have to search around to find all of these.
Source:
Monetary Trends
St. Louis Fed, January 2007
http://research.stlouisfed.org/publications/mt/20070101/mtpub.pdf
Still the most influential Fed in terms of monetary research and monetarist Fed Presidents
St Louis Fed President William Poole is likely to retire next year after spending 2007 as a voting member of the FOMC. Since jj is correct in stating that the STL Fed is the most influential in terms of monetary research and also has historically prefered a president to uphold the research emphasis, I would assume that Poole’s successor will come from academia. As a question to jj and to any others who care to speculate…are there any good candidates for Poole’s successor at the STL Fed?
Roubini’s comments tonight are reasonable.
Nouriel, come to me baby, cause I know you’ll listenin’.
Yes… it’s very difficult to know right now whether the economy is going to get bitch-slapped, or whether it’s going to roll over and suck down… but we can’t know at the present, because we can’t know if housing is going to deep-six or not.
That’s the big question, Big N. It’ll take several months to know.
Adios, Eclectic
Wouldn’t the UEA selling 8% of their US holdings bode poorly for the dollar? http://www.iht.com/articles/2006/12/27/business/dollar.php
No mention of gold in the entire stlfed doc. I’m always amazed to see some of those graphs when the unit of measurement itself is changing. and in $ case its usually falling. (Dow/gold1929)/(Dow/gold2006) ~= 1.6, real Dow returns over 75 years. hail federal reserve. I’d nominate Jeff Skilling for FOMC.
No mention of gold in the entire stlfed doc. I’m always amazed to see some of those graphs when the unit of measurement itself is changing. and in $ case its usually falling. (Dow/gold1929)/(Dow/gold2006) ~= 1.6, real Dow returns over 75 years. hail federal reserve. I’d nominate Jeff Skilling for FOMC.