Financial Sense

Could Oil Prices Plummet a Second Time?
Oil Price's picture

Are oil prices heading for a double dip? The surge in shale production has produced a temporary glut in supplies causing oil prices to experience a massive bust. After tanking to a low of $44 per barrel in January...

The Eurozone: On the Road to Recovery With a Lingering Risk
Sober Look's picture

Back in September the idea that the Eurozone's economy could potentially undergo a recovery (see post) was met with some skepticism. And yet here we are. The EuroStoxx50 index is up 14% for the year while...

Fearing the Machine: AI vs. Cybernetics
Cris Sheridan's picture

Elon Musk, Steven Hawking, and a long list of scientists believe artificial intelligence is no longer science-fiction and may one day present a danger to society. Musk has likened super-intelligent machines to nuclear bombs and fears we may be...

Does the Fed Have a Currency Problem?
Tim Duy PhD's picture

The Fed could be headed for a very uncomfortable place. The dollar is rising, tightening financial conditions and placing downward pressure on inflation. At the same time, interest rates remain low while equities...

Don’t Sweat Nasdaq 5000
Matthew Kerkhoff's picture

On March 10, 2000 — at the height of the dot-com bubble, the Nasdaq closed at 5048.62. During intraday trading today, the Nasdaq traded past the 5,000 mark for the first time in 15 years. The Nasdaq approaching...

Global Oil Glut Could Further Depress Oil Prices
Global Risk Insights's picture

With the global oil supply expected to outpace demand in 2015 and 2016, there is a growing risk from an oil glut that might further slash oil prices. The 50 percent fall in oil prices continues to rattle energy markets...

Jim Puplava on U.S. Recession, Fed Rate Hikes, and Short-Term Correction
FS Staff's picture

The S&P 500 has been up double-digits for the past three years. Although we don't expect to see a recession or negative returns this year, right now we think stock prices have gotten ahead of fundamentals...

ISM Manufacturing Index: Slowest Growth in Thirteen Months
Doug Short's picture

Today the Institute for Supply Management published its monthly Manufacturing Report for February. The latest headline PMI was 52.9 percent, a decline from the previous month's 53.5 percent and below...

U.S. Equity Valuations: To Be Dismissed?
BCA Research's picture

History shows that valuations don’t matter until they do. The challenge is gauging what will cause investors to balk at current multiples, which have vaulted to elevated levels.

China’s Rate Cut Insufficient: Investors Expect More PBoC Stimulus and Yuan Devaluation
Sober Look's picture

China's central bank followed up with a second rate cut this year. While many believe this is a step in the right direction, the move alone will do little to reduce high real rates and tight effective monetary policy.