The Cleveland Financial Stress Index is designed to track distress in the US financial system on a continuous basis giving the financial-system supervisors the ability to monitor stressful episodes as they are building in the economy. Such early detection is important because financial stress can quickly be amplified when stress is occurring in more than one market. The CFSI tracks stress in six types of markets: credit markets, equity markets, foreign exchange markets, funding markets (interbank markets), real estate markets, and securitization markets. To interpret the stress continuum, CFSI is first divided it into four levels or grades. The grade thresholds are dynamic and move slowly over time. The four grades are: Grade Description Range Grade 1 Low stress period CFSI < -0.733 Grade 2 Normal stress period -0.733 CFSI < 0.544 Grade 3 Moderate stress period 0.544 CFSI < 1.82 Grade 4 Significant stress period CFSI 1.82 https://research.stlouisfed.org/fred2/series/CFSI As you can see, the CFSI is sitting on 1.77, just below the Grade 4 significant stress period. Also note the steeper incline on the graph on the past few weeks. Save it to your favourites folder and at this point check it daily given its current high level.
Thanks for sharing, i guess this chart correlates with the current stock market and gold market, something big is going to happen unless the fed launches qe 4
The Question is will anything that big ever happen? Big War cures Big problems! The Big Five, US, UK,AU,NZ and Canada,essentially "one nation" with the full support of Israel will never surrender global power or global finance supremacy to anybody ever!
Zerohedge with an article about the CFSI http://www.zerohedge.com/news/2016-...s-index-points-significant-market-instability
Talking about indexes, what happened to finviz.com? Until recently, one could get decade(s) charts along the url http://finviz.com/futures_charts.ashx?p=m1 (the "m" representing a time resolution of 1 month, so every plot equals a month. But now this only shows 2013+ edit: and this change has been undone since.
