Category Archives: Economic & Financial Modelling

Bank of America posts $7.7B loss on special charge – What Does It Imply?

Bank of America Corp. said Tuesday it lost $7.65 billion during the third quarter due to a charge related to credit and debit card reform legislation passed over the summer. The analysts widely expect SP 500 companies report accumulated Q3 GAAP earnings at about … Continue reading

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The Reply From Dr. Rick Davis – President of Consumer Metric Institute

Hui Zhong: Thank you for your excellent analysis. We think your revised equations have great merit, and we will watch their results moving forward with much anticipation. And we had not thought about your point (3.) before — C+(X-M) makes … Continue reading

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My Discussions with President Rick Davis of CMI About Consumer Metrics Daily Growth Index VS BEA GDP‏

Rick Davis,   Thank you for your reply with some discussions of CMI index.  By using your index to predict the Q2/2010 BEA GDP, I expect 1.6% contraction but BEA report it as 1.7% expansion.  When looking through your methodology I believe your index still an excellent gauge … Continue reading

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A Reply From Dr. Rick Davis of Consumer Metric Institute

Hui Zhong: Thank you for your kind words and interest in the Consumer Metrics Institute. 1) Since all of our data is presented as year-over-year comparisons, to some extent your observations are true: 2008 saw a sharp decline, the 2009 … Continue reading

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My Questions to President of Consumer Metric Institute – Rick Davis

Dear Sir,   I follow your web site everyday and get very interested in your methodology to forecast the climate of US economy.  I noted your consumer index contracts significantly during the summer of 2008 predicting the great recession 18 weeks … Continue reading

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An Interview With Consumer Metrics Institute’s Rick Davis (ZT)

http://www.zerohedge.com/article/interview-consumer-metrics-institutes-rick-davis From The Daily Capitalist It is not very often that a new leading indicator hits the market to compete with the Conference Board or the Economic Cycle Research Institute (ECRI), but the Consumer Metrics Institute does just that and … Continue reading

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