Financial Sense

What Is Your State’s Fiscal Health Ranking?
Independent Institute's picture

By Independent Institute – Some states have consistently performed poorly, such as Connecticut, Illinois, and New Jersey. They have experienced ongoing structural deficits, a growing reliance on debt to fund spending, underfunded pensions and other...

Have We Hit Peak Earnings Growth?
Patrick O'Hare's picture

Patrick O'Hare – According to FactSet, the five-year average for the forward 12-month P/E multiple for the S&P 500 is 16.3. Today, the forward 12-month P/E multiple is 15.9 versus 16.8 at the start of the fourth quarter. On the surface, the S&P 500 appears to be...

Speculative Positioning in Gold Shifts Back to Long
Peter Boockvar's picture

By Peter Boockvar – For those paying attention to gold, the net speculative position as of last Tuesday, according to Friday’s CFTC data, went net long for the first time since August 7th. After nine weeks of shorts that got to the most since 2001, the net...

Fact and Fiction in the Khashoggi Affair
Geopolitical Futures's picture

By GPF – The journalist’s killing could call into question the U.S.-Saudi alliance. The United States needs Saudi Arabia for a variety of reasons, foremost of which is to prevent Iran from expanding its power any more than it already has. This will probably...

Italy Bond Yields Surge in Confrontation with ECB President Mario Draghi
Michael Shedlock's picture

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.

8 Traits of the Entrepreneur
Mises Institute's picture

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.

The Convergence of Blockchain, AI, and Quantum Computing
FS Staff's picture

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...

Five Things Every Woman Should Know About Social Security
FS Staff's picture

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...

Global Consumer Confidence and Global Equities
Callum Thomas's picture

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...

Great Graphic: What Is Happening to Global Equities?
Marc Chandler's picture

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.