S&P500 Cyclically Adjusted Price-to-Earnings (CAPE) Ratio: October 2017

The average CAPE Ratio from 1880 to October 2017 is 16.8. The current CAPE ratio 31.2 is above the average and therefore suggests the S&P500 is on the high side. Indeed when the CAPE ratio exceeded 25 in 2014 Robert Shiller warned: ‘a level that has been surpassed since 1881 in only three previous periods: […]

US ADP Employment Report: September 2017

U.S. private employers added 135,000 jobs in September. This is less than the twelve month average of 199,583 jobs a month. The greatest increase in positions (63,000) was by mid-sized businesses. Both mid-sized and large businesses added new positions. However, small businesses shed 7,000 jobs, the first time in more than 12 months. Both the […]

Ted Spread, Libor and Euribor Interactive Charts

I’ve created a few new pages visualising the Ted Spread, London Inter Bank Offered Rate (LIBOR) and 1 month Euro Interbank Offered Rate (EURIBOR). These are useful for monitoring credit risk and economic instability. The charts are interactive and are updated regularly to the latest data. Follow the links below to view. TED Spread London Interbank […]