Financial Sense

Deep Subprime Auto Loan Delinquencies Reach 2007 Levels: The Next Big Short?
Michael Shedlock's picture

Subprime auto delinquencies have staked up so much that we are back at 2007 milestone levels. There’s a section of the auto-loan market — known in industry parlance as deep subprime — where delinquency rates have ticked up to...

Underfunded Pensions Could Spark Wave of ‘Precedent Setting’ Reforms
ValueWalk's picture

ValueWalk – Underfunded pensions plans are possibly one of the most significant headwinds facing companies and public-sector bodies today. Despite record high stock markets and a bond bull market that has lasted for many decades...

Where Oil Prices Are Headed
Alex Barrow's picture

By Alex Barrow – Oil has been in my “too hard” bucket the last six months. I couldn’t identify any catalyst that could drive it out of its trading range. I mostly expected it to chop around which has turned out to be the case.

Current AI Recession Forecast: June 2019
FS Staff's picture

FS Staff – Earlier this year, FS Insider discussed a new machine-learning "forecasting engine" developed by San-Diego-based Intensity Corporation used for economic and revenue forecasting, large-scale investing, supply chain optimization, and a wide...

Global Industrial Trends Coalesce
Kurt Kallaus's picture

By Kurt Kallaus – The Global Economy began a new expansion phase in 2016 after the Oil market exited a severe 2-year recession. We have highlighted many examples of improving financial risk, new records highs in leading indicators and...

Bond Bear Bubbleheads
Brady Willett's picture

By Brady Willet – Conventional wisdom holds that with central banks’ beginning to throw their experimental policies into reverse the strings holding the asset price boom together are slowly being cut. No disagreement here. But while the divergence between...

Hindenburg Omens Flashing Major Warning Signal for the Stock Market
FS Staff's picture

FS Staff – Today's chart comes from Jason Goepfert at where he shows the total number of Hindenburg omens for the S&P 500, Nasdaq, Dow Jones Industrial Average, and the Russell 2000. In sum, "we're seeing a market that is split between...

China’s July Leverage Data Comes in Hot, Drawing Rebuke From IMF
ValueWalk's picture

By ValueWalk – It is often difficult to ascertain the actual level of credit and liquidity in China, as the “shadow banking” segment is near $8.5 trillion strong. But China’s Total Social Financing (TSF) data, released Tuesday, attempts to do...

The Apocalyptic Vision of Stephen K. Bannon
Stratfor's picture

By Stratfor – History may not repeat itself precisely, but according to Steve Bannon, it sure does rhyme. And the rhyme we are soon to hear, according to the White House chief strategist, will echo epochal crises like the Great Depression, the Civil War, and the American Revolution.

Retail Sales, Dudley, Wages
Tim Duy PhD's picture

Some quick thoughts for the day. First, New York Federal Reserve President William Dudley gave an extended interview to the Associate Press. Definitely worth the time to read. Overall, Dudley continues to adhere to what amounts to the Fed's median...