Global Risk Insights's picture

Low oil prices and the battle against Islamic State (IS) are pushing Iraq toward a financial crisis. Only fundamental reforms, especially decentralization of power, can resolve the challenges facing Iraq today.

Doug Short's picture

Today the Institute for Supply Management published its latest Non-Manufacturing Report. The headline NMI Composite Index is at 60.3 percent, up 4.3 percent from last month's 56 percent. Today's number...

Sheraz Mian's picture

Stocks appear on track to start today’s session in the green, with the soft(ish) labor market reading from ADP (ADP) likely impacting expectations for the government jobs report on Friday. Labor market readings are...

Oil Price's picture

As the price of oil starts its second dramatic act of the year, collapsing after a short-lived rebound in the Spring, many investors are undoubtedly hoping that the price will start to rise again later this year.

Michael Shedlock's picture

Every month, 3D printing possibilities get increasingly elaborate. For example (with thanks to reader Tim Wallace for the links): The Goal of MX3D is to 3D print a steel bridge. Really.

Matthew Kerkhoff's picture

The major averages are giving us little to work with in the way of price action. They’re just treading water, sitting comfortably inside trading ranges that have lasted all year. Below we see a daily chart of the S&P 500...

Global Risk Insights's picture

At every turn, Bitcoin supporters say their anonymous cryptocurrency is the solution for countries in currency crisis. Despite its other shortcomings, bitcoin has a use in places like Argentina, but not so much in Greece.

John Mauldin's picture

Much of the world is focused on what is happening in Greece and Europe. A lot of people are paying attention to the Middle East and geopolitics. These are significant concerns, for sure; but what has been happening in China...

Jeff Rubin's picture

Oil’s slide below $50 (U.S.) a barrel is the latest turn for a bear market that looks to be settling in for an extended stay. In the oil patch, hope springs eternal that prices will rebound and the cyclical industry can begin...

Doug Short's picture

Personal Income (excluding Transfer Receipts) in June rose 0.47% and is up 3.9% year-over-year. When we adjust for inflation using the BEA's PCE Price Index, Real Personal Income (excluding Transfer Receipts) rose 0.24%.