FRED has added to its data catalogue the Chicago Fed National Financial Conditions Index. This series is said to be an examination of "how leverage can serve as an early warning signal for financial stress and its potential impact on economic growth".
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Leverage is a powerful means of creating wealth and poverty. |
Often, when they add new series at FRED, they add dozens at a time. This time they added ONE series. I thought this might mean they think it an important one.
ReplyDeleteI think the last time they added a large number of series was the ADP employment by payroll size data series. This certainly seems like an interesting series, wonder why they hadn't added it before.
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