Financial Sense

Going Gray
Ben Hunt PhD's picture

Two years ago, the new seven-member Standing Committee of the Chinese Communist Party Politburo — the most powerful political entity in the country — was introduced to great fanfare. All seven men walked on stage wearing a dark suit and a red tie, but to me the most striking aspect of their appearance was their hair.


Why the Fed Is So Wimpy
John Mauldin's picture

Regulatory capture – when regulators come to act mainly in the interest of the industries they regulate – is a phenomenon that economists, political scientists, and legal scholars have been writing about for decades.


U.S. Crude Oil Exports Headed to South Korea
Robert Rapier's picture

One of the 2014 predictions that I made back in January was “The crude oil export ban will not be lifted in 2014.” The present ban on U.S. crude oil exports dates to the The Energy Policy and Conservation Act (EPCA) of 1975.


Germany Fights on Two Fronts to Preserve the Eurozone
Stratfor's picture

The European Court of Justice announced Sept. 22 that hearings in the case against the European Central Bank's (ECB) bond-buying scheme known as Outright Monetary Transactions (OMT) will begin Oct. 14.


Big Four Economic Indicators Update
Doug Short's picture

According to the Bureau of Economic Analysis, Personal Income (PI) in August rose 0.3%. Transfer Payments (TP), which includes Social Security, Medicare, Medicaid, government & private pensions and miscellaneous welfare programs) rose 0.7%.


Priming the Pump for Q3 Earnings
Sheraz Mian's picture

Today’s data from China and Japan provides further evidence that the emerging signs of a growth spurt at home will remain unsupported by weakness abroad. This may not be a big deal for U.S. economic growth, but it could become a challenge for the corporate earnings picture.


Future Bull
John Mauldin's picture

Let me admit up front that this EVA has been rolling around in my mind for quite awhile. Its genesis may be directly related to the fact that I’ve been desperately yearning to write a bullish EVA — besides on Canadian REITs or income securities that get trounced by the Fed’s utterances.


How Much Longer Can the Global Trading System Last?
Michael Pettis's picture

My last blog entry inspired an old Brazilian friend of mine, with whom I hadn’t had any contact for years, to comment on this section of the interview...


How Rising Interest Rates Could Spell the End of the U.S. Energy Boom
Oil Price's picture

The winding down of extraordinary measures taken by the U.S. Federal Reserve to ameliorate the effects of the financial crisis could reverberate through energy markets.


Myths: Past, Present, and Future
Jeffrey D Saut's picture

In past missives I have discussed why I do not believe the Cyclical Adjusted Price Earnings Ratio (CAPE) is a good measure of valuations. The problem is that the CAPE uses a 10-year backward looking average of earnings.


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