With the Fed committed to zero interest rates, significant moves in the stock market and economy are now largely influenced by changes in inflation. With four months now of accelerating inflation data, there is a heightened risk of an intermediate market peak and correction by the fall of this year.
Commodities are the most basic economic goods, providing essential inputs into progressively more complex goods at advanced stages of production. Yet the economic mainstream generally fails to understand commodities, treating them as distinct from the processes whereby they are created and...
In a recent interview with Financial Sense Newshour, Craig Johnson at Piper Jaffray explains how there's far less stocks available to buy in the market today compared to the tech bubble, even though the amount of money has grown immensely with central banks around the world engaged in quantitative easing.
In a recent interview with Financial Sense Newshour, the notable Fed-critic and contrary investor James Grant says India is likely to be the world's next great growth story. He also sees value in gold, gold mining shares, and Russia's Gazprom.
I recalled this quip by Jeff Daniels from HBO’s hit series The Newsroom while taking last week off to think about recent events because I feel like I am living in Bizarro World. First named "Bizarro World" in DC Comic books, the term has come to mean a situation or setting that is weirdly inverted or opposite of expectations.
After a nearly uninterrupted two week rally in the stock market, we have our first Bloomberg TrendStall sell signal on the broad indices since the early April peak. These signals have been fairly reliable over the last year and suggest a period of caution.
Since 1976 increases in the price of energy have had the highest correlation to 10%+ corrections than valuations, interest rates, or Fed tightening (see image below). The development of a fresh rise in energy prices will need to be watched by even the most bullish of economic forecasters.
Dr. Hamid Benbrahim, a data scientist and expert in finance, machine learning, and robotics, explains how the financial system is a complex adaptive system and that scientists are “making good progress” in applying the newest and most successful tool in finance—artificial intelligence.
Luzi Stamm, a member of Swiss Parliament, and a growing number of Swiss citizens are attempting to force the Swiss central bank to halt all sales of current gold reserves, repatriate all gold back home, and to back any further money printing with 20% of gold purchases.
Although the prospect seems far-fetched, the second-oldest profession is on the cusp of a technological revolution. Farmers have faced a long transition over the past three centuries in which their ancient art has become more and more of a science.