Financial Sense

Philly Fed Business Outlook: Highest Six-Month Outlook in 22 Years
Doug Short's picture

The Philly Fed's Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. The latest gauge of General Activity came in at 28.0, an increase from last month's 23.9.


Deutsche Bank: Ignoring Food Price Pressures Could Be a Mistake
Sober Look's picture

Economists and central bankers tend to be less focused on what consumers pay at the grocery store because food and energy prices have historically been more volatile — remember, it's just "noise".


Dropping Oil Prices Threaten Moscow’s Budget
Oil Price's picture

Oil and gas are at the heart of the Russian economy and are largely responsible for keeping Moscow’s government budget in balance. But the recent decline in the price of oil from the North Sea and Texas has now spread to Urals crude, giving President Vladimir Putin one more economic headache.


Sharia Zoning Law
Walter Donway's picture

My town’s zoning board, the East Hampton Village Zoning Board of Appeals, met last week and heard several appeals. Two of them made headlines in the East Hampton Star—one involving Steven Spielberg of movie fame, the other Dylan’s Candy Bar.


AI, Robotics, and the Future of Jobs
John Mauldin's picture

This past week several reports came across my desk highlighting both the good news and the bad news about the future of automation and robotics. There are those who think that automation and robotics are going to be a massive destroyer of jobs and others who think...


Back on the Cusp of All-Time Highs
Sheraz Mian's picture

The Fed remains in the spotlight today, with minutes of its last meeting coming out later this afternoon and the annual Jackson Hole meeting getting underway tomorrow. The risk in today’s Fed minutes center on...


Is China’s Economy Too Big to Transform?
Global Risk Insights's picture

China’s growing debt-to-GDP ratio raises concerns for investors. Investment in traditional pollution-heavy and overcapacity-ridden industries is strong, despite many policy tools that help finance more lucrative sectors.


Five Regions Where Big Oil Is Foolishly Chasing Profits
Oil Price's picture

Big Oil has been very successful at developing sophisticated technology to access oil in some pretty remote areas. Consider the technological skill necessary to drill several miles below the seabed at staggering depths...


Novel Fuel Resources, the Force of Economics and the Renewed East–West Power Struggle
Oliver Inderwildi PhD's picture

Rapid technological advancements can make previously uneconomic resources and/or feedstock available within significantly reduced timeframes. This can and will further transform the global energy landscape and moreover...


Are Overseas Capital Inflows Pushing Up U.S. Markets?
Charles Hugh Smith's picture

Nobody really believes the official narrative that the "recovery" is powering the remarkable strength of U.S. stocks, bonds and real estate. The real Main Street economy is quite obviously struggling, outside the energy and Federal government sectors, and so...


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