Financial Sense

What Comes After the Trump Rally?
Andrew Zatlin's picture

The market has ripped 5% higher in just a few weeks after Trump’s nomination. But the rally isn’t coming from the largest companies that are weighted more heavily in the S&P 500. In fact, these companies aren’t performing...

Turkey Maneuvers to Escape Its Dollar Trap
Stratfor's picture

In Turkey, patriotism appears to be running deeper than a profit motive. A number of major Turkish companies in the past few days have announced that they will heed President Recep Tayyip Erdogan's behest announced Friday to convert...

Irexit: Ireland May Have to Consider Leaving the EU
Christopher Quigley's picture

Since the Brexit vote this summer most national and international media outlets were focused on the American presidential election. However, one story that got lost in the Trump firestorm was the fact that it increasing looks...

Is the US Workforce Nearing Full Recovery? Don't Trust the Unemployment Rate for the Answer!
Doug Short's picture

We've updated our monthly workforce analysis to include last week's Employment Report for November. The unemployment rate beat expectations by dropping from 4.9% to 4.6%, and the number of new nonfarm jobs...

Rising Bond Yields Could Send $250 Billion Into Equity Funds
ValueWalk's picture

A sustained recovery in US 10-year bond yields to 2.5% could drive a rotation of $250 billion from developed market bond funds into developed market equities according to proprietary analysis from Deutsche Bank. This forecast was...

Reva Goujon: Global Forces Indicate 2017 Is Shaping Up to Be a Big Year
FS Staff's picture

With recent unexpected shocks such as the Brexit vote and Donald Trump’s win, many are wondering, what’s the outlook for 2017 and beyond? This time on FS Insider, we spoke with Reva Goujon, Vice President of Global Analysis at Stratfor...

The Imminent Multi-Trillion Dollar Surge In Social Security & Medicare Costs
Daniel Amerman CFA's picture

For decades we have known that the time would come when Social Security & Medicare costs would begin a rapid and explosive growth upwards. That time is no longer the distant future - but something that will take place next year...

US Service Sector Rebounds in November; Majority of Businesses Positive on Direction of Economy
Jill Mislinski's picture

The Institute of Supply Management (ISM) has now released the November Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 57.2 percent, a 2.4...

Leon Tuey: Secular Bull Market Has Years Left to Run
Jeffrey D Saut's picture

One of the funnier shows in the Seinfeld comedy series was “Serenity Now.” The show centered on that phrase (serenity now) as George’s father, Frank Costanza, repeats the phrase numerous times every time he gets upset (see it here: serenity).

Dallas Pension Showdown: Mayor Seeks to “Target Those Who Got Rich From System”
Michael Shedlock's picture

The Dallas Police and Fire Pension plan is severely underfunded. Not even a $1.1 billion taxpayer bailout the plan officials request will make the plan whole. Discussion of a possible freeze in lump sum payments led to a run on withdrawals.