Financial Sense

Here's Why All Pension Funds Are Doomed, Doomed, Doomed
Charles Hugh Smith's picture

There are limits on what the Fed can do when this bubble bursts, as it inevitably will, as surely as night follows day. It's no secret that virtually every pension fund is a dead man walking, doomed by central banks' imposition of low yields on...

The Solar Story Is Just Getting Started
Robert Rapier's picture

Several years ago, when I was working on my book Power Plays, I spent a lot of time thinking about the future of energy. One thing I concluded was that solar power would become one of the world’s most important sources of energy...

Charles Bolin's Detailed Investment Outlook - Market Topping, Economic Data in Decline
Charles Bolin's picture

This article is a supplement to a podcast for Financial Sense and provides an update to my outlook for the markets based on the Investment Model that I described in Seeking Alpha last month. The model consists of 37 Indicators and about 100 sub-indicators...

Cuddling and Egg McMuffins Show Economic Slowdown Underway
FS Staff's picture

What do escorts and McDonald’s have in common? Both are responding to the end of economic growth, says Andrew Zatlin of Moneyball Economics. When times get tough and people are less willing to part with their money, businesses get creative. Zatlin tracks...

What the Greek Deal Does and Does Not Do
Marc Chandler's picture

For investors, the most important thing about the favorable review of Greece's implementation of last year's agreement is that it effectively removes it from the list of potential disruptive factors in the coming quarters.

Gold Rush Losing Glitter
Kurt Kallaus's picture

With Billionaires George Soros, Stanley Druckenmiller, Paul Singer and what seems like every analyst on the planet talking up Gold, what can go wrong? In fact, it’s impressive that the alleged “Smart Money” has also surged...

Massive Jump in New Home Sales, 17-Sigma Event
Michael Shedlock's picture

New home sales surprised in a massive way this morning, blowing out all estimates to the high side. New home sales came in at 619,000 compared to a Bloomberg Econoday consensus estimate of 523,000 at a seasonally...

Why the Brexit Vote Matters to US Investors
Patrick O'Hare's picture

Should the United Kingdom (UK) remain a member of the European Union (EU) or leave the European Union? That is the very question that will be put to UK voters on June 23. It's a big question that will inevitably invite...

The Ebb and Flow of Inventories
Matthew Kerkhoff's picture

Ask ten economists what causes recessions, and you’re likely to get fifteen different answers. Some will point to supply or demand shocks, policy errors, inflation, or sticky prices, while others, such as Hyman Minsky, will point toward fragility caused, oddly enough, by stability.

Delinquency Rates Surge in 2016, Poised to Head Higher
FS Staff's picture

New data on delinquency rates for commercial and industrial loans for the first quarter of 2016 has just been released and shows a surge heading into this year, after steadily rising throughout 2015. Based on forward-looking data, delinquencies may continue to increase well into...