Financial Sense

Runaway Credit Card Debt Makes 2017 Look Like 2007
Odysseas Papadimitriou's picture

As we prepare to close the book on another $100+ billion holiday shopping season and our seventh consecutive year of economic growth, it’s worth taking stock of where the U.S. consumer currently stands as well as what 2017 likely...

Trump and the Four Levers of Government Policy
David Kotok's picture

As Don Rissmiller of Strategas Research Partners succinctly points out, “There are four types of government policy that can be used to steer the economy: 1) monetary policy, 2) fiscal policy, 3) regulatory policy, and 4) trade policy.”

Oil Prices Boosted By Struggling US Dollar
Oil Price's picture

With the US dollar being dealt a most solid dose of the whoop-bang-wallops (WBWs), crude prices cannot help but be propelled higher today. The great British pound on track for its best day since 2008, as the promise of a parliamentary...

Gundlach: The Biggest Risk to the Current Rally Is Donald Trump
ValueWalk's picture

With the S&P 500 trading at all-time highs, NYSE Short Interest down 20% over the past 12 months and what can only be described as a highly optimistic view of Donald Trump’s presidency, one does wonder if the markets are in their...

Gold Price Up Through 'Key' $1207 Level as 'Brexit Means UK Out of Single Market'
Adrian Ash's picture

Gold prices hit new 8-week highs at $1218 per ounce on Tuesday as world stock markets fell for the second day but the British Pound surged as UK prime minister Theresa May said Britain "cannot possibly" stay within the European...

Looking at the Four "Bull Market Checks": Trend, Momentum, Breadth, and Sentiment
FS Staff's picture

The Dow is flirting with the 20,000 level, but we haven’t seen a breakout above that psychologically important number … yet. This time on Financial Sense, we spoke with Jonathan Krinsky, chief market technician at MKM Partners, about market direction and his four bull...

Higher Interest Rates Good for Stocks
Kurt Kallaus's picture

Until 1981 interest rates had risen for 4 decades and since then yields are in their 4th decade of decline and ironically rates are back near 2% where they began in the 1940’s. Rising interest rates pump fear through the veins of stock...

Cyberwarfare, Driverless Cars, and Quantum Computing - FS Insider Podcasts for Science and Tech Lovers
FS Staff's picture

When we at Financial Sense started our FS Insider podcast a few years back, many listeners wrote in saying, "Hey, we want to hear more shows on technology." We took that feedback to heart and, in addition to our usual coverage of the financial markets and the economy...

The Eight Forces That Are Pressuring Profits
Charles Hugh Smith's picture

These eight forces are structural, and cannot be erased by tax cuts or policy tweaks. If there is any economic assumption that goes unquestioned, it's the notion that profits will remain robust for the foreseeable future. This assumption ignores...

Secular Stagnation Theory: Challenge to DeLong, Summers, Bernanke, Krugman, Keen, Pettis, Edwards
Michael Shedlock's picture

Some interesting charts came my way today regarding the income inequality debate. Let’s start with some charts, then explore the meme of the day that rising income inequality is behind “secular stagnation”. I challenge economists Brad...