Friday, June 26, 2009

Personal Income Less Government Social Benefits - YoY Delta



More uncharted terrain - was reading some comment by-play on Calculated Risk, and the question of how good the two month uptick in Personal Income is was in play - for me, it is always back to the Year Over Year look as usual...


Hard to say things are improving by my lights...

Friday, June 12, 2009

Commercial Paper Outstandings - Wile E. Coyote Lives!

This first plot is from the Fed's latest release on the outstanding balance of commercial paper...
So what does that look like on a Year Over Year basis using the 3 month moving average, you say?



Green shoots indeed...