Financial Sense

Gold Price Hits 5-Month Aussie High as No.2 Mine Output Forecast to Halve in 40 Years
Adrian Ash's picture

By Adrian Ash – Gold price gains of 0.5% from last Friday's finish held firm in London trade today as world stock markets recovered more of this week's drop and commodities also rallied after falling from their recent multi-year highs.

Canadians Paying Dearly for Their Housing
Danielle Park's picture

By Danielle Park – Another housing study has come to familiar conclusions: Canada boasts the least affordable housing in North America. With a median family income of just under $65,000 a year, it would take 7.5 years for a family to pay off the...

Geopolitical Risk, "Fear Cycle" Driving Oil Prices Higher
FS Staff's picture

By FS Staff – With the oil markets much closer to balance, geopolitical uncertainties are beginning to have a larger influence on the price of oil, something that hasn't been the case for the last 2-3 years, Robert Rapier at R-Squared Energy recently...

Solid Sales Growth and Margins at New Highs Drive 3Q17 Results
Urban Carmel's picture

By Urban Carmel – For the third quarter (3Q17), S&P earnings rose 12% yoy, sales grew 6% and profit margins expanded to new all-time highs. These strong results are not due to the rebound in oil prices. Sales for the sectors...

A Bullish Big Picture With Growing Near-Term Headwinds
Alex Barrow's picture

By Alex Barrow – There are some growing signs of weakness in this market. Breadth is slipping, credit doesn’t look too great, there are more new lows versus new highs being made… that kind of stuff. I’m still not getting any major...

China’s 10-year Yield Bumping 4%
Tom McClellan's picture

By Tom McClellan – Even before President Trump’s Asia trip, Chinese 10-year sovereign bond yields have been pushing higher. And that means we should expect the same for US 10-year T-Note yields. I wrote about this relationship...

Tax Reform Shaping Up to Be Bad for Individuals, High-Tax States
FS Staff's picture

By FS Staff – We’re finally hearing about the details of the GOP tax reform bill, and what we’re finding is that it has the potential to impact taxpayers in several ways, especially depending on where they live.

Moody’s: Negative Outlook for Largest Ever $1.1 Trillion Auto Loan Market
Danielle Park's picture

By Danielle Park – “Signs are there that we might be approaching an inflection point in the marketplace for autos,” William Black, managing director at Moody’s, said on Tuesday. No credit expansion lasts forever.

Nobody Is Going to Bail Out Venezuela
The Conversation's picture

By The Conversation – Venezuela, the South American country convulsed by economic and humanitarian catastrophe, has defaulted on some of its debt after missing an interest payment due in October. Even as investors...

Russell Napier: Debt Deflation Worries Are Starting to Rise Again
FS Staff's picture

FS Staff – There's been very little deleveraging after the last financial crisis and, in fact, debt levels are at new records globally, which means investors should be thinking about the risk of “debtflation,” Russell Napier, editor of The Solid Ground, told FS Insider...