This dashboard shows the effects of the current Federal Government shutdown.
The stats at the top are updated live based on average figures multiplied by the time since the shutdown began.
To get a sense of the overall situation, the treemap graphic
shows which federal employees are still at work, and which are
furloughed.
This week, the Dow Industrials bounced-off its 200-day moving average and technical traders relaxed a little.
Earlier in the week, a number of U.S. stock indexes briefly slipped below their 50-day averages. Despite the Shut-Down, they have bullishly regained those support lines.
A key example took place in the Dow Industrials. The chart shows the Dow bouncing off initial chart support at its late August intra-day low (14760) and its 200-day average (red line). For technical traders, that is a very important test.
The sharp rally has kept the Dow above those two important support levels.
The new red line hurting our government …
Here are some of the posts that caught my eye. Hope you find something interesting.
With the government shut down and the debt ceiling looming, one could argue that the U.S. economy may be on the edge of a crisis.
But the stock market is not reflecting this.
During periods of crisis and high stock market volatility, correlations among stocks increase. In other words, stocks move up and down together.
JP Morgan just published a quarterly market chartbook , which includes a useful chart tracking stock market volatility and correlations among stocks since the Great Depression.
Why? Perhaps Because Markets Tend to Go Up After Government Shutdowns.
Funny cartoon by Nate Beeler. Error: The Government has stopped responding.
Too bad it's not just a cartoon.
Here are some of the posts that caught my eye. Hope you find something interesting.
If Obamacare had a warning label, besides potentially shutting-down the government …
Here are some of the posts that caught my eye. Hope you find something interesting.
Speaking of dangerous Red Lines …
Here are some of the posts that caught my eye. Hope you find something interesting.
With all the talk of federal budgets and debt ceilings, now is a good time to turn our focus to the consumer.
Poverty rates and median income remained unchanged in 2012, despite the recovery. So, how does the average US household spend their paycheck? This chart breaks it down.
As you can see, on average, housing, transportation, and food are the biggest costs.
Here we go again … 'Treasury urges Congress to act now on U.S. debt ceiling.' But, where does the federal money go? To answer this, just take a look at this year's 'Death and Taxes' infographic.
The FY2014 budget chart contains over 500 departments, agencies, programs (and just about everything else the government can spend money on).
It is a mind-blowing record of government spending. Click here to see a much bigger version.
The poster is six square feet. Get it here.
Twitter will generate more than 500 million dollars in revenue this year. This represents a doubling of the firm’s estimated 245 million dollars of revenue in 2012. Other analysts estimate even higher sales figures.
Notoriously secret, Twitter has not published any figures. However, this is likely to change in the near future. Why? Twitter announced its IPO by Tweet on Thursday. Twitter filed 'Confidential' IPO S-1 Docs.
This year, 131 companies have filed for
IPOs — up 44% from last year.
