Financial Sense

A Strong Dollar May Not Be as Bad as Feared
Bob Eisenbeis's picture

Pundits and journalists keep referencing the supposed negative effects that the recent surge in the dollar may be having on the US real economy and economic growth. The concentration is on the Energy sector and the impact on energy-producing firms...

What Is Really Driving Gold
Taki Tsaklanos's picture

If anything, gold bulls are continuously looking to confirm their bullish outlook. Most precious metals websites are filled with stories, news and developments from the gold market, accompanied by the implication that they will...

Markets Retreat on Increased Risk of Greek Default
Sheraz Mian's picture

Weakness out of Europe and a couple of mixed earnings reports provide the backdrop for today’s action, with the major indexes all trading in the red. Next week will be big on the earnings front, with almost 150 S&P 500 members on...

Is Saudi Arabia Setting the World Up for Major Oil Price Spike?
Oil Price's picture

In order to maintain a grip on market share by pushing U.S. shale producers out of the market, Saudi Arabia (and OPEC) is willing to use up its spare capacity. That could lead to a price spike. Saudi Arabia produced 10.3 million...

King Dollar Hurting Earnings!
Puru Saxena's picture

Let’s face it; the strong U.S. Dollar and weakness in the price of oil are hurting corporate earnings in the U.S. and it is conceivable that both sales and profits for the S&P500 Index may decline during the first half of the year.

Why Russia Will Send More Troops to Central Asia
Stratfor's picture

Russia is making a concerted effort to increase its military and security presence throughout Central Asia, just not for the reasons it would have you think. Though the Kremlin is concerned with the threat of spillover violence from...

Vice Spending Slows, Unless You’ve Got the Herb
Andrew Zatlin's picture

Vice spending is one of the most seldom used, but surprisingly accurate leading gauges of consumer strength and the economy. Everyone knows that when consumers have more money in hand, they spend it on fun and luxury goods.

The Changing World of Work: The “Signal” Value of Credentials Is Eroding
Charles Hugh Smith's picture

An entire new feedback loop of accreditation is needed, and fortunately that feedback is within our control: it's a process I call accredit yourself. Economist Michael Spence developed the job market signaling model of...

Jobless Claims, Housing Starts and Earnings Results in Focus
Sheraz Mian's picture

Jobless claims clung to a higher rung of its 275K-300K range by posting initial claims of 294K for the week. This is an increase of 12K from the previous week, which was further revised up 1K. The 4-week moving average,

Crude Prices Surge as the Pieces Fall Into Place
Robert Rapier's picture

I have been pretty adamant — some may say stubbornly so — about my expectations for crude prices this year. I have argued against the notion that oil prices were going to fall to $20 or $30/bbl for several reasons.