FRED Expands World Uncertainty Index Data

The St. Louis Fed announces FRED Expands World Uncertainty Index Data

FRED has added 286 new indicators of uncertainty, expanding the World Uncertainty Index portion of the Economic Policy Uncertainty release with indexes for individual countries. These indexes—developed by Hites Ahir (International Monetary Fund), Nicholas Bloom (Stanford University), and Davide Furceri (International Monetary Fund)—determine uncertainty using the frequency of the word “uncertainty” (and its variants) in the quarterly Economist Intelligence Unit country reports.

One Certainty

RECOMMENDED ARTICLES

There is one amusing certainty in the World Uncertainty Index.

It's useless.

And of course it is not even clear what the hell this is measuring.

Finally, if and when economists are ever certain about something non-trivial, they will be wrong.

Mike "Mish" Shedlock

In Search of Certainty Amid Uncertainty Nonsense

Dallas Fed president Robert Kaplan wants to pause hikes until "uncertainties" settle down.

Fed Uncertainty Principle

Most think the Fed follows market expectations. Count me in that group as well.

Brave New Strange World of "Normalcy"

My how strange it's been when "normalcy" is considered a "brave new world".

Fed Minutes Highlight Coronavirus Concerns and Uncertainty 8 Times

The minutes from the Fed's January 28-29, 2020 FOMC meeting show coronavirus concerns.

Apple Cites "Mounting Uncertainty": APPL Down 7% AH, Nasdaq Futures Down 2.3%

Apple Blames "Mounting Uncertainty" in Rare Guidance Cut. Futures hammered.

For All the Bleeping Uncertainty, Why is the Stock Market at All Time High?

Every day of the year another economist yaps about uncertainty.There’s uncertainty over the US election, over Brexit, over interest rates, over the strength of the US economy, and over global trade.

St Louis Fed Suggests Foolproof Way to Prevent Yield Curve Inversion: Don't Hike

The St. Louis Fed president Jame Bullard has a spotlight on yield curve inversion, and he wants to prevent one.

Value of Exports to Canada and China by State

GeoFred and the St. Louis Fed data repository (Fred) put together a set of interesting trade maps.

World's Highest Rate of Child Detention Under Obama

A UN study shows the “U.S. has world’s highest rate of children in detention". That was under the Obama administration.