Financial Sense

Don’t Expect an Oil Price Rebound This Side of 2017
Oil Price's picture

As the price of oil starts its second dramatic act of the year, collapsing after a short-lived rebound in the Spring, many investors are undoubtedly hoping that the price will start to rise again later this year.

3D Printing an Ornate Bridge Over a Water in Amsterdam
Michael Shedlock's picture

Every month, 3D printing possibilities get increasingly elaborate. For example (with thanks to reader Tim Wallace for the links): The Goal of MX3D is to 3D print a steel bridge. Really.

The Waiting Game
Matthew Kerkhoff's picture

The major averages are giving us little to work with in the way of price action. They’re just treading water, sitting comfortably inside trading ranges that have lasted all year. Below we see a daily chart of the S&P 500...

Where Does Bitcoin Fit in the Currency Crisis?
Global Risk Insights's picture

At every turn, Bitcoin supporters say their anonymous cryptocurrency is the solution for countries in currency crisis. Despite its other shortcomings, bitcoin has a use in places like Argentina, but not so much in Greece.

When China Stopped Acting Chinese
John Mauldin's picture

Much of the world is focused on what is happening in Greece and Europe. A lot of people are paying attention to the Middle East and geopolitics. These are significant concerns, for sure; but what has been happening in China...

Falling Crude Prices Put Producers Between a Rock and a Hard Place
Jeff Rubin's picture

Oil’s slide below $50 (U.S.) a barrel is the latest turn for a bear market that looks to be settling in for an extended stay. In the oil patch, hope springs eternal that prices will rebound and the cyclical industry can begin...

The Big Four Economic Indicators - Trending Sideways
Doug Short's picture

Personal Income (excluding Transfer Receipts) in June rose 0.47% and is up 3.9% year-over-year. When we adjust for inflation using the BEA's PCE Price Index, Real Personal Income (excluding Transfer Receipts) rose 0.24%.

Three Strikes Against the Canadian Dollar
Marc Chandler's picture

The Canadian dollar is the worst performing major currency over the past month. It has lost nearly 4.5% against the US dollar. That brings its year-to-date loss to almost 12%. There have been two main sources...

Wash, Rinse, Repeat
Patrick O'Hare's picture

If you want something really clean, the process is pretty simple. Basically, you wash, rinse, and repeat. That's all well and good for your hair, your car, or your dog. When it comes to the capital markets, it kind of makes a mess.

IMF Reiterates Greece Disqualified for Bailout, Participation Depends on Debt Relief and Reforms
Michael Shedlock's picture

Once again the IMF is back in the news in regards to Greece. The IMF staff told the board of directors Greece Disqualified from New IMF Program. Yet, Germany insists IMF be a part of the program.