FS Staff's picture

Gary Shilling, editor of A. Gary Shilling’s Insight and author of The Age of Deleveraging, told Financial Sense Newshour that the US has the upper hand in a trade war with China that was already underway before Trump's election. Here's some of what Shilling had to say...

Charles Hugh Smith's picture

Any currency is only truly "backed by gold" if it is convertible to gold. There is something intuitively appealing about the idea of a gold-backed currency—money backed by the tangible value of gold, i.e. "the gold standard." Instead of intrinsically...

Michael Shedlock's picture

Bitcoin hit an all-time high of $1,172.09. Traders are happy because the SEC is expected to rule on a Bitcoin ETF by March 11. Meanwhile, Bloomberg reports China Is Developing its Own Digital Currency.

The Conversation's picture

Called the “largest interconnected machine,” the US electricity grid is a complex digital and physical system crucial to life and commerce in this country. Today, it is made up of more than 7,000 power plants, 55,000 substations, 160,000 miles of...

Marc Chandler's picture

The focus in the market is shifting away from the Federal Reserve, for which the consensus recognizes that the FOMC minutes probably make a March hike less likely. The CME's calculations put the odds at less than 18%, while the Bloomberg estimate...

Jill Mislinski's picture

The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New Mexico.

Kurt Kallaus's picture

The stock market is a major leading indicator that rallies on optimism in the economy. Stocks represent the sum progress of companies in the present with a premium for what is expected in the future. Often these economic...

Global Risk Insights's picture

Locked in a punishing sanctions regime, North Korea is throwing caution to the wind and has mounted a series of cyber attacks by taking advantage of outdated financial technology, mainly through the SWIFT network. Such cyber-attacks are...

Oil Price's picture

After three straight weeks of builds in commercial oil inventories, today, the EIA had some more bad news for traders. The authority reported a build of 600,000 barrels, a day after the American Petroleum Institute estimated commercial...

FS Staff's picture

Stock markets continue to roar higher on better global economic data and expectations for pro-growth policies from the US. Beneath the surface, however, it appears that capital is herding in a manner similar to prior market booms that didn't end too well...

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