Financial Sense

A Pro-Growth Move
Patrick O'Hare's picture

By Patrick O'Hare – When President Trump was elected last November, the stock market threw a pro-growth party that resulted in a robust year-end rally for the major indices. Stock market participants were enthused by the prospect of reduced...

ECRI: "All Signs Point to a Cyclical Slowdown in Inflation"
Jill Mislinski's picture

By Jill Mislinski – Today's release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 144.8, up from the previous week. Year-over-year the four-week moving average of the indicator is now at 4.99%, down...

Oil Got Trounced and Solar Soared in the First Half
Robert Rapier's picture

By Robert Rapier – The first half of 2017 marked the worst first-half performance for crude oil since 1998. The price of West Texas Intermediate (WTI) and Brent crude both fell 14% in the first half of the year. Coal and natural gas also declined...

Universal Basic Income: Can It Work?
Global Risk Insights's picture

By Global Risk Insights – With the increase of workplace automation and robotics, the fear of rising unemployment has many economists and policymakers worried how a displaced labor force will survive. The response to...

Renaissance of Craft Pushing Back Against Automation
FS Staff's picture

By FS Staff – Our modern, globalized economy is increasingly dominated by automation and mass production. While this is pressuring many workers, Richard Ocejo's new book, Masters of Craft: Old Jobs in the New Urban Economy, documents the large-scale...

New Solar Tech Produces 50% More Energy Than Silicon Cells
Oil Price's picture

By Oil Price – Researchers have created a concentrating photovoltaic (CPV) system with embedded microtracking that is capable of producing 50 percent more energy per day than the standard silicon solar cells. “Solar cells used to be expensive...

Yield Curve Not Suggesting Imminent Market Peak, Recession
FS Staff's picture

FS Staff – The yield curve has predicted essentially every U.S. recession since 1950 with only one "false" signal, which preceded the credit crunch and slowdown in production in 1967. There is also evidence that the predictive relationships exist in other countries...

Gold Prices Rise 3rd Day as US Debt Ceiling 'Blocks Fed Rate Hikes', Dollar Falls
Adrian Ash's picture

By Adrian Ash – Gold prices rose sharply for the third session running in London on Tuesday, gaining as world stock markets fell, commodities rose, and interest rates on major government bonds retreated to new lows for July.

Global Growth on the Rise (for Now)
Matthew Kerkhoff's picture

By Matthew Kerkhoff – According to the Organization for Economic Cooperation and Development (OECD), global growth in 2016 was the lowest since 2009. The good news? It’s on the rebound, with growth this year expected to reach 3.5%.

Rydex Trader Bullishness Surpasses 2000 Tech Bubble
FS Staff's picture

By FS Staff – “Overall, they’ve got about $14 invested in bullish index funds for every $1 they’ve got in inverse funds that would profit on a market decline. Just in the past few days, that moved to an all-time record.” We would have to go back to March 2000 to...