John Thomas Financial Chief Economist Mike Norman Releases Chartbook Evaluating Economic Stimulus Package
JUN 11, 2012 - 10:12 ET
FOR: JOHN THOMAS FINANCIAL
NEW YORK, NY--(Marketwire - June 11, 2012) - John Thomas Financial, an independent broker/dealer and investment-banking firm located in New York City's Financial District, today announced that Chief Economist Mike Norman has released a chartbook comparing major market metrics before and after the American Recovery and Reinvestment Act of 2009 (The Stimulus).
The profound analyses, featured last week on Business Insider, suggest that The Stimulus was effective in aiding the recovery of the U.S. economy following the recession. The chartbook features 21 major market and economic indicators such as GDP, employment, household wealth, personal income/savings, inflation, industrial production, capacity utilization, housing starts and more.
This chartbook looks at all the major data series on the U.S. economy from 2006 until now. In nearly each and every metric the economy went from contraction to expansion almost immediately following the stimulus.
"Looking at the evidence it is hard to argue that the stimulus was not effective," said Norman. "It's a pretty strong case that we need another stimulus."
John Thomas Financial regularly conducts and releases independent economic research. Mike Norman calculates the John Thomas Fiscal Liquidity Index daily using data on total withdrawals and deposits from the Daily Treasury Statement. He also composes and distributes The John Thomas Financial Economic Outlook Report, a must-read research report analyzing consumer sentiment, market outlook, credit cycles and dozens of other market influences.
Chief Market Analyst Wayne Kaufman publishes The Kaufman Report, a weekly technical analysis read by professional and independent investors. The Kaufman Report provides detailed overviews of market indexes and industries to inform global investment decisions.
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