Posts tagged 'CFSI'

And relax

The markets have run a bath, lit candles and reached for a favourite palliative.

So says the Cleveland Financial Stress Index:

During the federal government shutdown in October 2013, the CFSI was in Grade 2 or a “normal stress” period, but as the year progressed the index moved into Grade 1, indicating a “low stress” period. As of January 14, the index stood at −1.833, substantially below the CFSI’s historic high reading of 3.094 on December 29, 2008 and slightly above the CFSI’s historic low of −2.023 on January 9, 2014.

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