Oil Price's picture

What Saudi Arabia’s Oil Minister said in March will not happen, has happened: in a joint statement, Khalid al-Falih and his Russian counterpart Alexander Novak said that OPEC and Russia have agreed to extend the oil production cut deal...

Global Risk Insights's picture

In early May, Puerto Rico filed for bankruptcy in federal court to stave off lawsuits, under a law Congress passed last year, to help the island cut its debt and escape financial disaster. The saga now heads to federal court, where the struggle...

FS Staff's picture

China's first quarter economic data came in above expectations and many are raising their growth outlook on the world's second largest economy. Looking under the surface, however, Leland Miller at China Beige Book told FS Insider that China's positive growth...

Adrian Ash's picture

Silver prices rallied with gold and both metals recovered last week's closing level in US Dollar terms in London trade on Friday. Silver prices rose above $16.40 per ounce as government bonds rose with world stock markets and commodities...

Independent Institute's picture

When the US territory of Puerto Rico filed for bankruptcy last week, we took the opportunity to identify the most likely candidates among US states to follow the new legal precedents that are now being set by its example.

FS Staff's picture

In direct contrast to the "euphoria days" of 2011, most investors have now turned bearish on gold after experiencing a multi-year bear market. Contrarian investors—who generally invest against the consensus or the crowd—argue that's a good sign and believe...

Michael Shedlock's picture

The amount of nonsense written about Trump’s firing of FBI director James Comey is staggering. Democrats allege the firing is proof that Trump is hiding something. So here we go again with absurd allegations and innuendo that Trump...

FS Staff's picture

Most major averages have been trending sideways, with one standout, the Nasdaq, led by tech stocks. This time on Financial Sense, we spoke with Art Hill of StockCharts.com about his views on what the charts are telling us, and what he thinks we should expect this year.

Danielle Park's picture

Shelter prices are so over-valued relative to income levels today, that saving just a 10% downpayment now takes 12 years on average, compared with just 5 years to save a 20% deposit twenty years ago.

Jill Mislinski's picture

The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for April came in at 104.5, down 0.2 from the previous month's 104.7. The index is at the 97th percentile in this series.