Wednesday, June 17, 2009

St Louis Fed On Interest Rate Speculation

In addition to presenting the case for/against interest rate changes, the report below is a great compendium of all recent trends in monetary markets, compliments of the St. Louis Fed. A casual skimming the charts in this report should render moot any speculation about the validity of green shoot propaganda: there is no real economic improvement anywhere in sight.

Most amusing is the below chart which indicates just where the St Louis Fed see the S&P P/E: presumably this has "trickled down" to Ben Bernanke's inbox in some way or another.

hat tip Alex Sphere: Related Content
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