Financial Sense

The Federal Reserve's Unspoken Truth
Patrick O'Hare's picture

Patrick O'Hare – The Federal Reserve's latest policy announcement has generated a lot of opinions about its implications for the capital markets. What it didn't generate is a lot of movement in the stock market.

Equifax Breach Is a Reminder of Society’s Larger Cybersecurity Problems
The Conversation's picture

By The Conversation – The Equifax data breach was yet another cybersecurity incident involving the theft of significant personal data from a large company. Moreover, it is another reminder that the modern world depends on...

The Demise of the Dollar: Don't Hold Your Breath
Charles Hugh Smith's picture

By Charles Hugh Smith – The demise of the US dollar has been a staple of the financial media for decades. The latest buzzword making the rounds is de-dollarization, which describes the move away from USD in global payments.

China Blazes a Trail in Mobile Payments
Monty Guild's picture

By Guild & Danaher – In June, we wrote about how China’s world-leading innovation in social commerce is being driven by one of the greatest transformations in history: two decades of unprecedented economic growth...

Gold Bullion Fails to Recover $1300 Even as Dollar Retreats Post-Fed, Kim + Trump Trade Insults
Adrian Ash's picture

By Adrian Ash – Gold bullion rallied almost $10 per ounce on Friday from yesterday's 4-week lows against the Dollar but failed to recover what analysts called the "key pivot" of $1300 despite claims of safe-haven buying...

Bay Area Sues Big Oil for Billions
Oil Price's picture

By Oil Price – The cities of San Francisco and Oakland have filed lawsuits against Chevron, Exxon, ConocoPhillips, BP, and Shell for the effect of their activities on climate change: higher sea levels. The cities seek billions in...

Iraqi Kurdistan Prepares for a Vote That Will Shake Nations
Stratfor's picture

By Stratfor – In less than a week, the largest nation in the world without a state of its own — the Kurds — may finally hold a vote on whether to declare one. The approaching independence referendum, which Iraqi...

Interview: Louise Yamada on Stocks, Tech, and Interest Rates
FS Staff's picture

By FS Staff – While we normally see markets face pressure around this time of the year, it appears we may have dodged a bullet. This time on Financial Sense, we spoke with technical analyst Louise Yamada of LY Advisors about her take on equities, the tech sector...

New Record: Electric Bus Goes 1,101 Miles on a Single Charge
Danielle Park's picture

By Danielle Park – US-based electric bus manufacturer Proterra upgraded its 40-foot Catalyst E2, now called ‘Catalyst E2′, with a massive 660 kWh battery pack and brought it to the track at the Navistar Proving Grounds in New Carlisle...

US Household Incomes: A 50-Year Perspective
Jill Mislinski's picture

By Jill Mislinski – Last week the Census Bureau released its annual report on household income data for 2016. Last year the median (middle) household income rose to $59,149, a 4.1% increase over 2015 and a record high.