to your HTML Add class="sortable" to any table you'd like to make sortable Click on the headers to sort Thanks to many, many people for contributions and suggestions. Licenced as X11: http://www.kryogenix.org/code/browser/licence.html This basically means: do what you want with it. */ var stIsIE = /*@cc_on!@*/false; sorttable = { init: function() { // quit if this function has already been called if (arguments.callee.done) return; // flag this function so we don't do the same thing twice arguments.callee.done = true; // kill the timer if (_timer) clearInterval(_timer); if (!document.createElement || !document.getElementsByTagName) return; sorttable.DATE_RE = /^(\d\d?)[\/\.-](\d\d?)[\/\.-]((\d\d)?\d\d)$/; forEach(document.getElementsByTagName('table'), function(table) { if (table.className.search(/\bsortable\b/) != -1) { sorttable.makeSortable(table); } }); }, makeSortable: function(table) { if (table.getElementsByTagName('thead').length == 0) { // table doesn't have a tHead. Since it should have, create one and // put the first table row in it. the = document.createElement('thead'); the.appendChild(table.rows[0]); table.insertBefore(the,table.firstChild); } // Safari doesn't support table.tHead, sigh if (table.tHead == null) table.tHead = table.getElementsByTagName('thead')[0]; if (table.tHead.rows.length != 1) return; // can't cope with two header rows // Sorttable v1 put rows with a class of "sortbottom" at the bottom (as // "total" rows, for example). This is B&R, since what you're supposed // to do is put them in a tfoot. So, if there are sortbottom rows, // for backwards compatibility, move them to tfoot (creating it if needed). sortbottomrows = []; for (var i=0; i
Unsurprisingly, for those of us who pay attention to the number of companies acting to cut their dividends each month in the U.S. stock market as a real-time indicator of the relative health of the U.S. economy, the first estimate of GDP in the first quarter of 2014-Q1 is consistent with recessionary conditions being present in the economy.
The first estimate of real GDP for 2014-Q1 came in at $15,946.6 billion, up just an annualized 0.1% for the single quarter from 2013-Q4's finalized value of $15,942.3 billion. Averaged over the preceding two quarters, that puts the 2Q growth rate at 1.4%.
These values are shown against the backdrop of typical economic growth recorded since 1980 in our GDP temperature gauge charts. In both, we see that the GDP growth rate initially reported for the first quarter of 2014 puts the U.S.' economic growth rate into the recessionary "cold" range.
Going back to our observation about dividends, what we observe is that the apparent recessionary distress in the U.S. economy began to arrive well in advance of the extreme winter weather that other observers are mistakenly attributing as the sole cause of the economy's poor performance in the first quarter of 2014. While winter weather disrupted a portion of the nation's economy for a short period during 2014-Q1, primarily in the northeast and upper midwest regions of the country, the real primary cause of the low economic growth recorded in the first quarter of 2014 is the outcome of the Fed's decision to begin tapering its Quantitative Easing program and its effect in driving up long-term interest rates from their historic lows.
That increase in interest rates negatively impacted U.S. businesses that are especially sensitive to such changes because it increases their costs for borrowing.
Looking forward, our chart below shows what our modified limo forecasting method predicted for 2014-Q1 and also what it now projects for 2014-Q2:
We'll take a more detailed look at the effect of the Fed's QE tapering on U.S. GDP in upcoming posts.
Labels: dividends, gdp, gdp forecast
Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:
ironman at politicalcalculations
Thanks in advance!
Closing values for previous trading day.
This site is primarily powered by:
The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.