Financial Sense

Trump Can Easily Undo Obama’s Arctic Drilling Bans
Global Risk Insights's picture

Obama’s “permanent” bans on offshore oil and gas drilling in Alaska are actually “indefinite” and could end as soon as January 20. The incoming Trump administration has the authority to revoke environmental protections of Alaska’s...

ECRI Weekly Leading Index: "Disentangling Cyclical from Structural"
Doug Short's picture

Today's release of the publicly available data from ECRI (Economic Cycle Research Institute) puts its Weekly Leading Index (WLI) at 145.0, up 0.4 from the previous week. It is currently at an all-time high. Year-over-year the four-week...

Where Are We Going, Where Have We Been?
George Karahalios's picture

Over the past few weeks, my life has been turned upside down. Prior to the election, I thought of myself as a typical, repressed businessman, an outlaw guilty of capitalistic thoughts in a going-socialistic western world.

Why Big Oil Is Unprepared for the Coming Energy War
Oil Price's picture

Recently, I gave a presentation on the future of energy to an audience of about 250 oil and gas professionals. Halfway through, I asked the carbon crowd to, “Raise your hand if you have driven an electric vehicle.” It took me less than five seconds to squint and...

Secular Shift in Interest Rates?
Matthew Kerkhoff's picture

When the cost of money changes, everything changes. Interest rates affect every aspect of the financial universe. At the global level, they impact currency and trade flows between nations. At the national level, they affect the discounted...

Twitter Storms and Trade Wars
Gary Dorsch's picture

The number of followers on US President Donald Trump’s Twitter page is increasing at an exponential rate, reaching 20.3-million this week, and up from around 19.9-million just a few weeks ago. Mr Trump’s frequent use of...

Dow 20,000: A New Beginning…or the Beginning of the End?
Clif Droke's picture

After touching the benchmark 20,000 level last month, the Dow Jones Industrial Average has spent the last five weeks in a tight, narrow trading range just under this level. Famed trader Jesse Livermore theorized in his...

Donald Trump, Betsy DeVos and School Choice
The Conversation's picture

Donald Trump’s nominee for secretary of education, Michigan billionaire Betsy DeVos, was questioned on a range of education issues during her confirmation hearing this week. Central to the debate is her major role in supporting...

Davidowitz: Brick-and-Mortar Retail an "Absolute Train Wreck"
FS Staff's picture

We’ve seen substantial carnage in the retail space in the past few weeks with a pick-up in store closings and layoff announcements. Well-known retail expert Howard Davidowitz has been warning of this for some time and explains why he thinks it's going to get worse...

A Trade War Is in No One's Interest
Ghassan Abdallah's picture

Since the election of Donald Trump, the financial markets have rallied sharply on the expectation that a Republican president and a Republican Congress would enact laws aimed at both reforming the tax code and deregulating the...