Financial Sense

Peter Boockvar's Contrarian Play: Sell US Stocks, Buy Commodities and Emerging Markets
FS Staff's picture

The carnage in commodities continues to make headlines and notable investment gurus like Gary Shilling think it's far from over. Then again, if you're a contrarian value investor like our most recent guest, Peter Boockvar commodities are beginning to show signs...

Jobless Claims, Leading Economic Indicators Still Not Warning of Recession
FS Staff's picture

US jobless claims came out today better than expected. Since one data point does not make a trend, here is a chart of the popular 4-week moving average of initial jobless claims going back nearly five decades with recessions highlighted in red...

China’s Forex Reserves Drop Most on Record: What Does It Mean?
Michael Shedlock's picture

Given monstrous levels of debt at the consumer and corporate levels, given the US is not Brazil, and given poor demographic characteristics, I am waiting for an explanation as to how we get an asset bubble burst...

The US Consumer Is Bigger Than China’s Entire Economy
Marc Chandler's picture

Last month the FOMC explained their decision to stand pat by citing two factors: concerns about global developments and the decline in market-based measure of inflation expectations. Within a couple of business days...

The Myth of Retiring Baby Boomers
Tim Iacono's picture

Anyone interested in digging deeper into the quandary over what’s responsible for the declining labor force participation rate in the US should have a look at this item from Doug Short over at Advisor Perspectives where...

Lack of Wage Growth Means Retail Spending Woes
Andrew Zatlin's picture

As we head into autumn, investor attention turns to the holiday shopping season. It’s an economically important time: in less than three months, over 1 million people will be hired. That’s a massive boost to wages.

How to Become a Superforecaster
FS Staff's picture

"The origins of the project really date back to one of the greatest intelligence failures in US intelligence history and that was the mis-estimation of weapons of mass destruction in Iraq... One of the consequences of that was the creation of the Intelligence Advanced..."

Jim Puplava, Echoing Gundlach and Icahn, Warns of Looming Bond Market Crisis
FS Staff's picture

Legendary investors like Carl Icahn and Jeff Gundlach have been quite public in warning about the high yield “junk” bond market and the severe losses that unsuspecting investors may face ahead. Unfortunately, as with the subprime boom, Wall Street...

Is the Lithium Market Set to Explode?
Oil Price's picture

While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line...

What Happens to our Economy as Millions of People Lose the Habits of Hard Work?
Charles Hugh Smith's picture

If we're going to dig our way of what lies ahead, we need people who can work hard and start/operate new businesses. Simply put, job growth is not keeping pace with population growth—specifically, the growth of the labor force...