Paul Horn CFP's picture

For many of us, outside of diet and exercise, a common resolution has to do with our regular use of a certain four-letter word, CASH—how we spend it, save it, and think about our use of it in the future. As a financial planner, here are five tips I usually give that are essential...

Matthew Kerkhoff's picture

This year promises to be unlike any other. Yes, I say that every year … but this time change really does seem to be upon us. As we kick off the new year, let’s take a step back and look at the broad themes of last year that are...

Andrew Zatlin's picture

Finally… the US industrial economy has some good news. Goods demand has stabilized and inventory drawdowns are over. As the chart of inventory shows, starting in the second half of 2015, companies began cutting down on stockpiles.

Michael Shedlock's picture

Manufacturing jobs have already been decimated by robots. White collar workers are next in line. Fukoku Mutual Life Insurance in Japan is about to replace claim adjusters with a software robot from IBM.

Michael Pettis's picture

The very first on the list of executive actions that his administration would implement from “day one,” according to US President-elect Donald Trump in his November 21, 2016, video clip, involved a US retreat on trade...

Adrian Ash's picture

Gold prices returned from the New Year 2017 holiday to track the rising Dollar on Tuesday, pushing higher against non-US currencies as Washington's president-elect Donald Trump was rebuked by Beijing over his threat to start a trade war...

Tom McClellan's picture

Just a week ago, China was facing a banking system crisis that necessitated an injection of 375 billion yuan ($53 billion) into the money market, and that was after the prior week’s injection of 250 billion yuan ($36 billion). But now, after Christmas has passed...

Michael Shedlock's picture

The Pending Home Sales Index declined 2.5% in November. Economists, who are generally surprised by everything, were caught off guard once again. Despite the fact that mortgage rates have been climbing for months, the economists...

Marc Chandler's picture

Japan stands out with industrial production in Nov. rising 1.5%, which is the most it has raised in five months. It was a little less than expected, but the expectations for Dec. (2%) and Jan. (2.2%) are constructive.

Charles Hugh Smith's picture

It will be the middle class that accepted the notion that "real estate is the foundation of family wealth" that will be stripmined by higher taxes on immobile assets such as real estate.