Financial Sense

China Plans to Slash Crude Demand With 250,000 Bpd
Oil Price's picture

China is determined to rid itself of its image as one of the world’s greatest polluters, and is serious about curbing oil production—even if only for a few days—to clean up its air during the international G-20 meeting in Hangzhou...

July New Home Sales Soar to 12.4% Month-over-Month, Surprises Forecast
Jill Mislinski's picture

This morning's release of the July New Home Sales from the Census Bureau came in at 654K, up 12.4% month-over-month from a revised 582K in June. Seasonally adjusted estimates for April and May were revised.

The Schizophrenic Fed
Matthew Kerkhoff's picture

Central bank policy is center stage this week as the world turns its attention to Jackson Hole, Wyoming. The symposium hosted by the Kansas City Fed has become the prime venue for discussing monetary policy.

How to Leave the European Union
Stratfor's picture

After the results of the Brexit referendum, many EU governments and officials went out of their way to emphasize that the vote did not herald the end of the European Union and could even make it stronger.

The Search for Yield and Emerging Markets
BCA Research's picture

The global search for yield – not an improvement in EM fundamentals – is what has been driving the EM rally this year. Having turned dovish in February, the Fed has enticed investors to sell US dollars and pile int

Cracking Open a Six-Pack
Patrick O'Hare's picture

What goes up must come down. That's what Sir Isaac Newton suggested anyway in his Universal Law of Gravity. It is easy to think in watching the stock market since the end of June, however, that it does not adhere to the law of gravity.

Stocks Churn as Earnings & Election Anxiety Grows
Kurt Kallaus's picture

The economy remains weak, earnings are poised to continue contacting for the 6th quarter in a row yet stocks has broken out to new record highs in August from an important technical base. Without a strong rebound in earnings, we have...

Bianco: Brexit Probably Most Bullish Thing That Happened This Summer
FS Staff's picture

Speaking last week on our podcast, Jim Bianco of Bianco Research told listeners that the Brexit vote on June 23rd may have been the most bullish catalyst for the US stock market this year where, after the initial shock, major market indices like the S&P 500 and the Dow Jones...

“Saving Social Security” May End in Dollar Devaluation
Monty Guild's picture

As the US presidential election nears, we are doing a series of reports on the differences and agreements of major parties on various economic and financial topics. Last week, we noted one area where the major-party candidates...

The Market for Autonomous Vehicles Revs Up
Stratfor's picture

Despite the recent scrutiny surrounding autonomous vehicles, the technology seems to be picking up speed. After three months of testing on the streets of Pittsburgh, Uber has announced that its fleet of self-driving Volvo XC90s will go...