Financial Sense

Capitalism Works If Government Would Just Get Out of the Way!
Richard Larsen's picture

A seemingly accelerating trend with many Americans is to look with skepticism and a jaundiced perspective in business, capitalism, and the profit motive. In spite of efforts by some to rewrite history, those of us who are students...

Yellen Discusses “Tools”: She’s 70% Confident That Rates Will Be Between 0 and 4.5% in 2018
Michael Shedlock's picture

Today Fed Chair Janet Yellen gave a speech at the “Designing Resilient Monetary Policy Frameworks for the Future,” symposium in Jackson Hole, Wyoming. Her speech was on The Federal Reserve’s Monetary Policy Toolkit: Past, Present, and Future.

Buybacks Tank - Will Stocks Follow?
Kurt Kallaus's picture

Our recent reports have worried about “short term” stock market froth in August as indicated by options trader sentiment showing relatively heavy Call buying. The additional anxiety over the contrasting US presidential candidates...

A Typical Pattern Shows We’re Headed for Recession
Andrew Zatlin's picture

We’re witnessing a very typical pattern right before recessions and market collapses. The market’s price-to-earnings (P/E) ratio is currently at a level seen only before recessions. Before we flat out say there will be a recession, we need to dig...

Echo Boomers Will Fire Up Housing Market
Tom McClellan's picture

Housing-related stocks are seeing an earlier than called for a push to a higher high. But if lumber prices are right, there are lots more gains to come. By that, I am referring to the way that lumber prices tend to give a 1-year leading indication for...

New Lidar Chips for Self-Driving Vehicles Are Smaller Than a Dime, Cost $10 to Manufacture
Michael Shedlock's picture

The Lidar (Light detection and ranging) systems on self-driving vehicles are big and generally expensive. MIT has a Lidar-on-a-chip solution that will fit on a dime and cost about $10 to manufacture.

Is the UK Economy Doing Better Post-Brexit?
FS Staff's picture

Some have been pointing to the UK Economic Surprise Index from Citigroup, which shot up post-Brexit, as proof that the UK economy is improving after the vote to the leave the EU. Unfortunately, as Jim Bianco recently explained on our podcast, the post-Brexit surge in positive...

Can Stocks Survive Without Stimulus?
Clif Droke's picture

A fiery debate rages among investors over the question of central bank stimulus. The question is whether the stock market needs stimulus in order to advance, and is stimulus only creating a bubble which will burst at some point and...

Kurt Kallaus: Slow Growth Persists but US Recession Likely Still Years Away
FS Staff's picture

In June of this year, we spoke with Kurt Kallaus, author of Exec Spec and the KDelta trading model, and he predicted a mild cyclical upturn and oil topping out and turning lower into the fourth quarter. Both of those things have come true...

China Plans to Slash Crude Demand by 250,000 Bpd
Oil Price's picture

China is determined to rid itself of its image as one of the world’s greatest polluters, and is serious about curbing oil production—even if only for a few days—to clean up its air during the international G-20 meeting in Hangzhou...