Financial Sense

Today’s Quiz: Donald Trump, Bernie Sanders, Hillary Clinton – Who Said It?
Michael Shedlock's picture

It’s quiz time. I will list a statement. You decide who said it. The correct answer is either Bernie Sanders, Donald Trump, or Hillary Clinton.


Venezuela: Mired in Crisis, With No Clear Path Ahead
Global Risk Insights's picture

With Venezuela facing an unprecedented economic crisis, time is running out to enact much-needed reforms and avoid a drawn-out catastrophe. Venezuela is a time bomb. The opposition, led by former presidential candidate Enrique Capriles...


Brexit and the Revolt Against Globalism
Clif Droke's picture

Everywhere one turns there is evidence of widespread rage and frustration. The peoples of Europe and the Americas in particular are aggrieved at their political lot and are becoming increasingly angry. What was once a simmering...


Brexit Is What Happens When the Pie Is Shrinking
Charles Hugh Smith's picture

This process of withdrawal into the relative safety of internally cohesive groups and group identities is intrinsically messy in globalized, multicultural societies. A great many narratives are drifting around the Brexit pool: a return to sovereignty...


Consumer Confidence Rebounds in June
Jill Mislinski's picture

The latest Conference Board Consumer Confidence Index was released this morning based on data collected through June 16. The headline number of 98.0, was an increase from the May final reading of 92.4, which is a downward revision from 92.6. Today's number was above the Investing.comforecast of 93.3.


Did Brexit Kill the Oil Price Rally?
Oil Price's picture

Oil prices fell again on Monday after last week’s rout following the Brexit vote, deepening the losses and killing off a multi-month oil price rally. There is quite a bit of debate around how lasting the negative effects of the Brexit...


Dr. Keith Barron on Helicopter Drops, Gold, and Brexit
FS Staff's picture

Markets have been heavily roiled since Britain’s vote to leave the European Union, and many investors are turning their attention to gold. This time on Financial Sense, Keith Barron, president and chairman of Aurania Resources discusses...


What Brexit Means for the World
Stratfor's picture

Over the coming weeks, the frenzy of the financial markets will dominate the world's attention. But what lies beyond the horizon in a post-Brexit world? Stratfor highlights the areas of the world that will be most affected by the latest phase of the European Union's fragmentation.


Union Jacked
Patrick O'Hare's picture

That thing that wasn't supposed to happen has happened. A majority of voters in the UK voted in favor of leaving the European Union. It was an historic decision, the full implications of which are unknown and won't be known for years.


Shilling: World Facing High Probability of Panic Deflation
FS Staff's picture

Gary Shilling, author of The Age of Deleveraging and editor of the investment newsletter Insight, thinks the world is facing another 6 to 8 years of deleveraging with a "high probability of panic deflation" that will push 10-year Treasuries to 1% and oil eventually back to down to $10...


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