Archive for September 2nd, 2010

Consumption Contraction Approaches 2008 Low

| September 2, 2010

We continue to monitor the sharp decline in the Growth Index (GI) tracked by the Consumer Metrics Institute (CMI), and the monthly average rate of change of this measure of real-time consumption is now approaching the low of late 2008. Even more distressing than the plunge in the monthly average is the magnitude and duration […]

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Short-term Forecast for September 2, 2010

| September 2, 2010

Stock Daily Chart Analyses The following daily chart analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the big picture update. The S&P 500 Index The index closed moderately higher today, moving up to a new high for the oversold […]

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