Financial Sense
By Kurt Kallaus – Our expected October correction mirroring 2016 allowed for a matching 7.4% drop as in 2016 and, so far, October 2018 didn’t disappoint with an almost identical drop of 7.9%. While higher interest rates and concerns of contagion...
By Michael Shedlock – Mario Draghi warned, "Undermining E.U. budget rules carries high price for all." Then, Italian bond yields surged. Draghi did not mention Italy by name, but his threat Undermining EU Budget Rules Carries High Price For All was well understood by the bond markets.
By Mises Institute – The role of the entrepreneur is central to Austrian economics. Entrepreneurs are the coordinators of individual human action in the context of subjective knowledge and dispersed information. There are two critical individual roles for economic dynamism.
By FS Staff – Last week, we spoke with Woody Preucil, senior managing director at 13D Global Strategy and Research, to discuss the convergence of Blockchain, AI, and Quantum computing—otherwise known as the "BLAIQ-NET"—and how this will...
By FS Staff – Regardless of gender, Social Security is a complicated topic. For women who are or were married, there are some important things to consider when drawing benefits. We spoke with Yolanda York, a public affairs specialist with the Social Security Administration...
By Callum Thomas – One of my favorite things to do is discover and utilize somewhat obscure, new, misunderstood, or underutilized datasets. Or indeed, to look at an existing and well-understood set of data in a different way. In today's post we look at...
By Marc Chandler – The decline in the global equity market is the most serious since the February and March spill. In this Great Graphic, the white line is the S&P 500. With the current setback, it is up around nine percent over the past 12 months.
By FS Staff – Many believe the U.S. cannot compete with China on a manufacturing basis. While the U.S. is unlikely to take the same form as it did in its manufacturing heyday circa the 1970s, it is much stronger — and competitive — than most assume.
Patrick O'Hare – Please, can we get some bad economic news? Is that too much to ask? That's not too much ask, it's just really dumb to ask for it. Nevertheless, we have heard it asserted in the face of the recent sell-off that bad economic news...
Global Risk Insights – U.S. cyber policy is shedding the overly-careful approach favored during the Obam- era, becoming more activist and increasingly likely to reach into foreign networks for the sake of defense. While this carries an increased risk...
By FS Staff – Jim Bianco, founder of Bianco Research, says investors are switching from a deflationary to an inflationary mindset, similar to what we saw during the 1970s, and bonds may no longer provide a hedge against the stock market. Here's what he...
