Economic Charts
During the Q&A with Weinstein last month, Stan confirmed that Stage Analysis can be used on economic data. However, he said that as it is lagging it shouldn't be used as part of our "weight of evidence". So I'm starting this thread for a place to put the charts based on the economic data such as house prices and employment rates etc.
I did a post showing the S&P Case-Shiller Home Price Index, the 20 year US Non-Farm Payrolls chart, and Unemployment rate back in April here: http://stageanalysis.net/forum/showthrea...594#pid594, which showed that the US fundamental data was improving and that housing had moved into early Stage 2A, which has continued to improve since then. So today I want to show the UK Halifax House Price Index charts (non seasonally adjusted), as it's of particular interest to me living in the UK.
Attached are two charts, one long term that shows data back to 1983 and the second chart a closer view of the last eight years, which shows that the UK housing market has also moved into early Stage 2A in the last few months.
To look at the data yourself, here's the link: http://www.lloydsbankinggroup.com/media1...x_page.asp
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.