In an age when governments of every political leaning and ideological stripe distort economic data to promote their parties’ interests, it is hardly surprising that the nation’s inflation rate is reported in a manner that best suits their political needs.
In a recent interview with Financial Sense Newshour, the widely followed gold analyst—once named 2nd most accurate by Bloomberg—provides an excellent view into the mental hopes and fears of most precious metals investors right now.
As I’ve been hearing the pushback to the market’s gains, there are a few that are louder than the rest. I guess if you say something enough times, it becomes truth. Unfortunately for the general population, not many investors are savvy enough to do their own statistical analysis nor do they have the databases...
Joel Kurtzman, Senior Fellow at the Milken Institute, recently sat down with Financial Sense to offer a deep dive into his latest book, “Unleashing the Second American Century: Four Forces for Economic Dominance.” Here are a few excerpts from his interview where he explains why America's future is brighter than we think.
Real estate is well back in bubble territory in some places, notably California. It won't end any differently this time for the buyers, but at least banks will not be on the hook for all of the loans.
By adjusting the policy rate (the federal funds rate), the Fed alters financial conditions, which then influences the behavior of businesses and households. These changes impact a variety of decisions, including how much to consume, produce, and invest.
Noted market technician Tom McClellan says we’re seeing a “big warning sign” develop between the VIX and the S&P 500, with the strong possibility of a market selloff this month. He also talks about his projections for a bull market peak and a bottom for gold.
The U.S. economy is building momentum in both the service and manufacturing sector, which is clearly visible no matter where you look, and June’s employment report is a perfect example.
It stands to reason that when the Fed eventually lifts interest rates, we’ll see the usual effects. After a sustained rise in rates, you can safely bet on...