FS Staff's picture

In his recent Big Picture, Jim Puplava says that many people have unwittingly bought into a highly addictive, sensationally-driven religion of doom and gloom.

Michael Shedlock's picture

A major alarm bell just rang in China with the release of July credit figures according Macro Business Australia. Chinese credit just collapsed and shadow banking with it.

Sober Look's picture

Expectations that monetary policy will remain loose across major economies longer than originally anticipated have been driving gold higher.

Tim Duy PhD's picture

The Kansas City Federal Reserve's annual Jackson Hole conference is next week, and all eyes are looking for signs that Fed Chair Janet Yellen will continue to chart a dovish path for monetary policy well into next year.

Richard Russell's picture

A thousand opinions appear daily regarding business and the US economy, all in an attempt to forecast the forthcoming action of the market. There is only one study of the stock market that is worthwhile...

Tim Iacono's picture

The Commerce Department reported that retail sales were unchanged in July following a modest 0.2 percent gain in June and, for the second month in a row, auto sales declined.

Chris Puplava's picture

While the decline in long-term interest rates has many confused given the recent improvement in U.S. economic data, it appears the main driver is a flight to quality alongside a weakening global economy and heightened geopolitical concerns.

Doug Short's picture

Yesterday Federal Reserve Vice Chairman Stanley Fischer gave a speech entitled The Great Recession: Moving Ahead. A key topic is the question of long-term structural changes to the economy — whether we're experiencing economic weakness with deeper roots than the cyclical effect of the last recession.

Oil Price's picture

Ukraine is planning to impose sanctions on Russia that might include an effort to starve its larger and richer neighbor of income by stopping the flow of Russian gas through Ukraine to customers in Western Europe.

John Butler's picture

The Death of Money, Jim Rickards’ second book, has met with widespread acclaim. In it, Jim refines and develops multiple topics raised in his first book, Currency Wars, as well as adding some intriguing new material regarding the role of intelligence agencies in international financial and monetary affairs.