Michael Shedlock's picture

A platoon of driverless trucks equipped with Cooperative Adaptive Cruise Control (CACC) appeared on the 110 freeway in San Pedro. The system controls speed, braking, and spacing of the convoy. The goal is to increase safety...

Independent Institute's picture

For the U.S. national debt, the date of March 16, 2017, marks the day when the statutory debt ceiling limiting how much money the U.S. government can borrow will go back into effect for the first time since it was suspended back on...

Urban Carmel's picture

The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests the imminent onset of a recession is unlikely. One concern in recent months has been housing, but revised data shows...

FS Staff's picture

Record numbers of Americans are saying goodbye to the US and our next guest, international tax planning expert Mark Nestmann of the Nestmann Group, thinks this is just the beginning. In a recent FS Insider podcast, Nestmann explains why he thinks this trend will...

Tom McClellan's picture

There is a giant wall of short positions held by the smart-money “commercial” traders in crude oil futures, and it is going to lead oil prices to come crashing down. Each week, the CFTC reports on the numbers of long and short positions held by futures traders...

Andrew Zatlin's picture

The Vice Index says retail spending peaks in January and then flattens. But disposable income may slow sooner. Meanwhile, consumer spending is already shifting away from luxury (an early indicator of slower consumer spending). Slower consumer spending is not...

FS Staff's picture

Financial Sense outlines seven large, transformative forces impacting all aspects of the global economy including a list of related interviews for more in-depth coverage. They are: the retail ice age, automation, reverse migration, peak oil demand, education technology...

Oil Price's picture

Shell has struck a deal to sell all its oil sands production assets in Canada, except for a 10-percent stake in the Athabasca Oil Sands Project, as part of its $30-billion divestment program aimed at reducing its debt load that it...

Michael Shedlock's picture

The IMF’s Global House Price Index, an average of real house prices across 57 monitored countries, continues to climb. The index shows sixteenth consecutive quarters of positive year-on-year growth. However, house prices...

Adrian Ash's picture

Gold prices fell through what technical analysts called "immediate support" at $1210 per ounce Wednesday lunchtime in London as the US Dollar rose again after new data said the United States added far more new jobs than...

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