Financial Sense

Renaissance of Craft Pushing Back Against Automation
FS Staff's picture

By FS Staff – Our modern, globalized economy is increasingly dominated by automation and mass production. While this is pressuring many workers, Richard Ocejo's new book, Masters of Craft: Old Jobs in the New Urban Economy, documents the large-scale...

New Solar Tech Produces 50% More Energy Than Silicon Cells
Oil Price's picture

By Oil Price – Researchers have created a concentrating photovoltaic (CPV) system with embedded microtracking that is capable of producing 50 percent more energy per day than the standard silicon solar cells. “Solar cells used to be expensive...

Yield Curve Not Suggesting Imminent Market Peak, Recession
FS Staff's picture

FS Staff – The yield curve has predicted essentially every U.S. recession since 1950 with only one "false" signal, which preceded the credit crunch and slowdown in production in 1967. There is also evidence that the predictive relationships exist in other countries...

Gold Prices Rise 3rd Day as US Debt Ceiling 'Blocks Fed Rate Hikes', Dollar Falls
Adrian Ash's picture

By Adrian Ash – Gold prices rose sharply for the third session running in London on Tuesday, gaining as world stock markets fell, commodities rose, and interest rates on major government bonds retreated to new lows for July.

Global Growth on the Rise (for Now)
Matthew Kerkhoff's picture

By Matthew Kerkhoff – According to the Organization for Economic Cooperation and Development (OECD), global growth in 2016 was the lowest since 2009. The good news? It’s on the rebound, with growth this year expected to reach 3.5%.

Rydex Trader Bullishness Surpasses 2000 Tech Bubble
FS Staff's picture

By FS Staff – “Overall, they’ve got about $14 invested in bullish index funds for every $1 they’ve got in inverse funds that would profit on a market decline. Just in the past few days, that moved to an all-time record.” We would have to go back to March 2000 to...

Amazon Drives Discount Double Check in Retail Industry
Patrick O'Hare's picture

By Patrick O'Hare – Our offices are located on Michigan Avenue, otherwise known in colloquial terms as "The Magnificent Mile," which is paved with one retailer after the next. You can find Ulta; you can find Nike; you can find Gucci; you can find...

Elon Musk Sees Artificial Intelligence as Biggest Risk to Society
ValueWalk's picture

By ValueWalk – Tesla CEO Elon Musk has warned US lawmakers about artificial intelligence tech, stating that the brakes should be put on the technology before it is too late. The whole essence of his conversation was that killer robots...

Have Bundesbank Agents Infiltrated the Fed?
Paul Kasriel's picture

By Paul Kasriel – Germany’s central bank is the Bundesbank. Prior to the commencement of trading of the euro in January 1999, the Bundesbank conducted Germany’s monetary policy. The Bundesbank has a reputation for pursuing general...

Sentiment Survey: Hopes for Trump-Led Growth “Have Largely Vanished”
Jill Mislinski's picture

By Jill Mislinski – To put today's report into the larger historical context since its beginning in 1978, consumer sentiment is 8.7 percent above the average reading (arithmetic mean) and 10.0 percent above the geometric mean. The current...