Financial Sense

Why You Need to Keep a Close Eye on China’s Property Markets
Callum Thomas's picture

By Callum Thomas – At the risk of being labelled a reductionist or accused of oversimplifying, my view is this: With China, the key variable is property prices. In fact, if I only had one indicator to look at for China it would be the movement in property prices...

Gold Price Hits Mid-July Highs as China Stimulus 'Fades Fast' and 'Spreadonomics' Hit Italy
Adrian Ash's picture

By Adrian Ash – Gold prices jumped to their highest dollar value since mid-July in London trade on Tuesday, hitting $1,236 per ounce as world stock markets fell after China's main index erased most of yesterday's stimulus-fueled rally.

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...