Financial Sense

Consumer Sentiment Bounces Back for August
Doug Short's picture

The Final University of Michigan Consumer Sentiment for August came in at 82.5, a bounce back from the 79.2 preliminary reading and its highest level since the April final. Today's number topped the Investing.com forecast of 80.1.


Can a National Quasi-Religion (Pro Sports) Go Broke?
Charles Hugh Smith's picture

Attending costly games is on the margins of the household budget. When the credit card gets maxed out, attending is no longer an option.


Japanese Household Spending Slumps 5.9%; Cries for More Monetary Stimulus
Michael Shedlock's picture

Consumer spending in Japan slumped in June because of a tax hike pushed through by Prime Minister Shinzo Abe. Economists claimed it would be temporary and spending would quickly recover thanks to inflation.


U.S. Dominates Globe in Biofuel Production
Robert Rapier's picture

Global biofuel production falls primarily into three categories; ethanol, biodiesel, and hydrotreated vegetable oil (HVO), also known as “green diesel.” Of the 30.8 billion gallons (116.6 liters) of biofuel produced globally in 2013, 23 billion gallons (75%) were ethanol.


Bank of Japan Refrains From Deepening Stimulus
Monty Guild's picture

Every year, top global financial policymakers gather in Jackson Hole, Wyoming for a summit. Bank of Japan (BOJ) Governor Haruhiko Kuroda was there, and delivered a disappointing message to those who were waiting for a ramp-up of the bank’s money printing.


New Technology Could End the Debate Over Pipeline Safety
Oil Price's picture

Who could have ever imagined that North America would surpass Saudi Arabia as the world’s largest producer of oil and natural gas liquids? A decade ago, that would have seemed laughable.


A-D Line Foretells Job Openings
Tom McClellan's picture

Back in 2011, I wrote about Why Even Fundamental Analysts Should Watch A-D Line, noting that the NYSE A-D Line is very strongly correlated to corporate profits. But because the A-D Line can be calculated each day in real time...


Q2 GDP Revised Upward
Sheraz Mian's picture

The positive GDP report today will likely not be enough to offset the overhang from Ukraine-centric worries in today’s session. But this is nevertheless a welcome and reassuring read on the economy.


Employers Aren’t Just Whining: The “Skills Gap” Is Real
John Mauldin's picture

Every year, the Manpower Group, a human resources consultancy, conducts a worldwide “Talent Shortage Survey.” Last year, 35% of 38,000 employers reported difficulty filling jobs due to lack of available talent; in the U.S., 39% of employers did.


Here’s Why Women Feel Underemployed (Hint: It’s All in the Major)
Marc Chandler's picture

This Great Graphic was posted by Christopher Ingraham on the Washington Post's Wonkblog. It shows the results of a survey conducted by PayScale. It shows the percentage of people by undergraduate majors that identified themselves as underemployed.


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