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By Raphael Kahan
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Z1

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Today the quarterly <a href=”http://www.federalreserve.gov/releases/z1/Current/default.htm”>Flow of Funds (aka Z1) report</a> was released by the Federal Reserve. What is the Flow of Funds report? Imagine the USA was a company: it’s income statement would be called GDP report, and it’s balance sheet would be the Flow of Funds. In my opinion this is the most important economic statistics release there is.<br /><br />Unfortunately for this blog and its readers, I am quite busy at the moment getting ready to commence employment at <a href=”http://www.kbw.com/research/index.html”>Keefe, Bruyette and Woods research department</a> in London, and I’m likely to become more and more busy as days go by. I will thus ask my dear readers to confer to the fantastic blogs linked below in the right column of this page for analysis of&nbsp; and commentary on the all-important Z1 report.<div class=”blogger-post-footer”><img width=’1′ height=’1′ src=’https://blogger.googleusercontent.com/tracker/3043548435115956173-4350310342064108113?l=raphaelkahan.blogspot.com’ alt=” /></div>

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