Michael Pettis's picture

After last week’s tumultuous markets one of my clients sent me an email saying “I am so relieved your constant talk about worsening imbalances kept us from getting too complacent. Things really are as bad as you keep saying.”

Paul Kasriel's picture

As quantitative easing comes to an end (apparently) by the Fed and is taken up by the European Central Bank (ECB), let’s compare the behavior of nominal domestic demand in each central bank’s economy and venture a reason for any differences.

Sheraz Mian's picture

Friday’s strong finish to last week’s extremely volatile session may not be the end of the market’s weak run. We must add, however, that this morning’s weak indicated open isn’t directly related to the issues that weighed on stocks last week.

Global Risk Insights's picture

It would be logical to think that the emergence of ISIL would have increased oil prices, but Brent crude oil prices have plummeted since July. Having now traded as low as $83 per barrel, oil is at its lowest price since 2012.

FS Staff's picture

Didier Sornette from ETH Zurich uses one of the world’s largest supercomputers to track bubbles in the market; Brian Pretti of Contrary Investor says stocks corrected because global central banks are dropping the QE baton; Eric Hadik warns a massive number of cycles are converging and...

Monty Guild's picture

Technological, social, geopolitical, and economic forces are driving radical changes in higher education. These changes will affect universities, as some prosper and strengthen, others fall by the wayside, and new, experimental structures for the delivery of education arise.

Tom McClellan's picture

When the McClellan A-D Summation Index makes a big move in a short amount of time, that action contains important information. This week, I’ll show a pair of charts that help to make this point.

Sheraz Mian's picture

Stocks turned around Thursday afternoon to close the session modestly in the green and start today’s session on a very positive note. The favorable shift notwithstanding, market sentiment remains fragile and...

Cris Sheridan's picture

The long awaited 10% correction that everyone was looking for finally took place. The S&P 500, Dow, and Nasdaq all hit record highs on September 19th before steadily falling to their most recent lows on Wednesday, October 15th...

PFS Group's picture

Housing prices have recovered from the prior downturn giving more homeowners a chance to take advantage of their equity. Furthermore, rates are at all-time lows, which makes it difficult for investors near or in retirement relying on fixed income investments. Rather than taking on higher amounts of risk...