May 30 – When US steel tariffs kicked in a year ago, the yuan depreciated sharply, which reduced the effectiveness of tariffs with cheaper Chinese export prices. The yuan had been rallying in 2019 as a trade agreement seemed imminent, but their currency plunged...
May 23 – A U.S. recession probably started in the current quarter. First quarter real GDP growth, 3.2% at annual rates, was temporarily inflated by a jump in inventories, which contributed 0.65 percentage point to growth. This was no doubt unintended
May 22 – Despite the simmering threat of trade wars and rumors of real wars brewing, U.S. stock market valuations remain high. Financial Sense Insider spoke with Rob Arnott, founder and chairman of Research Affiliates, about his take on sky-high valuations...
May 20 –For the past two years the energy sector has been underperforming and recent news of potential supply pressures only adds fuel to the fire. Where’s oil headed? Financial Sense Newshour spoke with Joe Dancy...
May 17 – The UoM May consumer confidence index jumped to 102.4 from 97.2 in April and that was well better than the expected print of no change. This is the highest since January 2004. All of the confidence gain was in the Expectations component which jumped 8.6 pts...
May 16 – Over 2,000 years ago Iran, known then as Persia, was the world’s first super power. Since becoming an anti-western theocratic Islamic Republic in 1979, Iran has been in the crosshairs of conservative...
May 14 – Markets are rebounding today after yesterday’s precipitous fall, in which the S&P 500 and Dow Jones Industrials both experienced their worst day in four months. But make no mistake – the short-term trend remains down...
May 14 – Europe is in the midst of a political nightmare and may be facing a hard landing, according to forecaster Martin Armstrong of ArmstrongEconomics.com. Martin just held a widely attended World Economic Conference in Rome with Brexit Party's Nigel...
May 14 – Many people believe planning for retirement means focusing solely on the numbers. Just as important though, is ensuring you’re healthy enough to enjoy those years...
May 10 – Stocks are very expensive in relation to corporate earnings. Even if rapid economic and profits growth resumes after the next recession, a secular decline in price-to-earnings ratios is likely to mute stock performance. Prof. Robert Shiller’s cyclically-adjusted...
