Financial Sense

Conference Board Leading Economic Index Increased in September
Doug Short's picture

The Latest Conference Board Leading Economic Index (LEI) for September increased 0.2 percent to 124.4 from August's 124.1. The latest indicator value came in at the month-over-month percent forecast by

Tax Foundation Analyzes Tax Plans: 10-Year GDP (Trump +6.9%, Hillary -2.6%), Wage Growth (Trump +5.4%, Hillary -2.1%)
Michael Shedlock's picture

The Tax Foundation has an interesting analysis of Trump’s tax plan compared to Hillary’s. Hillary is negative on GDP, capital investment, wage growth, and jobs. Trump is positive on all four under two different models.

Tesla Now Fully Able to Self-Drive Safer Than Humans
Danielle Park's picture

While much of the world remains preoccupied with impotent central bank grandstanding, the US presidential train wreck and reams of counter-productive nonsense, Tesla has now not only made and released the best-rated car...

Opportunity Grows in Indonesia as Tourism Sector Blooms
Global Risk Insights's picture

Although Bali has traditionally dominated tourism in Indonesia, the government’s ‘Wonderful Indonesia’ campaign has shown the country in a new light. But it also reveals the plethora of still-untapped economic opportunity...

The Global Economy Is Collapsing
Andrew Zatlin's picture

The global economy has been collapsing for the last 2 years. Demand for “stuff” has shrunk 10% since 2014, down to levels not seen since the recession. Just look at cargo shipments from two of the world’s largest ports.

What Happens When the Electricity Is Off for Three Days?
Charles Hugh Smith's picture

What happens when an electricity-dependent society and economy has an extended loss of electrical grid and communications? One of the hidden realities of modern life is its fragility. For example, few people are aware of the precariousness...

Too Many Tired Bulls
Kurt Kallaus's picture

When US stocks broke to new record highs in July we began to see excessive optimism creeping into the indices. In August and September, we warned that a top was forming and lower prices into October were likely.

Europe's Central Bank Is in a Bind Over Bonds
Stratfor's picture

The European Central Bank (ECB) is in a bind. Since increasing its quantitative easing program in April, the institution each month has had to purchase bonds worth 80 billion euros (nearly $88 billion) to meet its self-imposed quota.

Driverless Vehicles Coming Faster than You Think
FS Staff's picture

We hear about automated vehicles frequently, with fresh stories of new advances and entrants to the industry appearing seemingly on a daily basis. On this edition of FS Insider, we spoke with Hod Lipson and Melba Kurman, authors of the must-read book, Driverless...

The Public Pension Time Bomb Is Starting to Explode
FS Staff's picture

Earlier this year, a bombshell was dropped when it was reported that California's Public Employees' Retirement System (Calpers)—the largest public pension fund in the U.S.—earned only 0.6% on its investments last fiscal year. Why is this such a big deal, you ask? Well...