Financial Sense

Deutsche Bank's Troubles Raise Worries About the Future of the Euro Zone
Mises Institute's picture

By Mises Institute – The euro banking sector is huge: In April 2018, its total balance sheet amounted to 30.9 trillion euro, accounting for 268 per cent of gross domestic product (GDP) in the euro area.

Goldman: Expect Another Bull Run in Oil
Oil Price's picture

By Oil Price – The expected increase in oil production will not leave the market in a situation of oversupply, and in fact, barring no further action, the world could still be short of oil over the next year. There is no shortage of pitfalls for...

Traders Bet on 'Deeper Drop' in Gold Price as Blackrock Cuts GLD, Buys Dollar Rally
Adrian Ash's picture

By Adrian Ash – Gold prices slipped within $1 of yesterday's new 2018 lows in Dollar terms in London on Wednesday as the US currency traded near this week's new multi-month highs on the forex market.

Backlog Logjam Signals Middle Innings
Kurt Kallaus's picture

By Kurt Kallaus – The Atlanta Fed estimates a whopping 4.7% GDP growth in the 2nd quarter of 2018 and ISM manufacturing backlogs are near three-decade highs. The current order backlog logjam and extreme small business...

America First Clashes With Made in China 2025
Marc Chandler's picture

By Marc Chandler – The escalation of trade tensions between the world's two largest economies is scaring investors, who are liquidating equities and buying core bonds. The dollar and yen are the strongest of the major...

How Long Until the Next Recession?
Matthew Kerkhoff's picture

By Matthew Kerkhoff – Successfully predict the start of the next recession, plus or minus a few months, and you stand to make a lot of money. Not only can you reposition your portfolio towards bonds and cash – typically...

The Fed Is Driving Down Oil Prices
Oil Price's picture

By Oil Price – The US dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The US Federal Reserve announced...

BIS Blasts Cryptos in Special Report: "Beyond the Hype"
Michael Shedlock's picture

By Michael Shedlock – The BIS blasts cryptos over scaling issues, energy, and trust. The BIS is correct. Cryptos are fatally flawed as money. A Bank of International Settlements (BIS) report examines cryptocurrencies in depth.

Foreigners Dump US Treasury Bonds in Record Amounts
Peter Boockvar's picture

By Peter Boockvar – The weakness in global stock markets that started in Asia overnight is for obvious reasons. People are losing some patience with "It's just a negotiating tactic" reason for the tariffs because instead of leading to...

Hey Millennials: Here’s the Truth About Socialism, Kim Jong-un, and Nicolás Maduro
Independent Institute's picture

By Independent Institute – A recent story in the New York Times discussed the increasing willingness of political candidates in the United States to run as socialists. Times reporter Farah Stockman wrote that the Democratic...