Financial Sense
By FS Staff – Things are likely to get bumpy and a “time of reckoning” is coming for global markets and economies, David Marsh, co-founder and chairman of the Official Monetary and Financial Institutions Forum (OMFIF), told FS Insider June 6......
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...
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...
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...
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...
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.
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...
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...
By Adrian Ash – Gold and silver fell Friday lunchtime in London, dropping back to $1289 and $16.95 per ounce respectively as the White House confirmed new tariffs on an extra $50 billion of China's annual exports to...
By Kurt Kallaus – A Bloomberg article recently joined the chorus of stock market naysayers with a specious claim that the current record optimism displayed by Small Business surveys signaled that a market correction was due. Panics can occur almost anytime...
By Michael Shedlock – How many hikes can the Fed get in this year? The Fed estimate is two more. Mortgage rates rose on the news. Mortgage News Daily reports Mortgage Rates Higher Following Fed Forecasts.
