Financial Sense

The Drone War Is On: Australian Startup Beats Google, Amazon
Oil Price's picture

Startup Company Flirtey is making enormous progress in the drone industry, far sooner than some of the most prominent tech companies. The Australian based company has developed drones capable of carrying packages over vast...

EM Reflation Confirming Indicator Raises a Red Flag
BCA Research's picture

With their Reflation Confirming Indicator rolling over, our EM strategists believe that it is only a matter of time until EM equities follow. The Reflation Confirming Indicator is an equally weighted aggregate of platinum prices...

End of Gasoline Powered Autos by 2030?
Michael Shedlock's picture

Earlier this month, the German Bundesrat voted to ban new gasoline- or diesel-powered vehicles from EU roads starting in 2030. Days later, the German Transport Minister Calls Internal Combustion Ban “Utter Nonsense”. Let’s take a look at...

The Undercurrent of Currency Issues
Patrick O'Hare's picture

The US Dollar Index includes six component currencies. It's a six-pack with some added kick to it these days, too, seeing how the US Dollar Index has been surging since early October and is trading at eight-month highs.

Gold Bars Go to $6 Premium in China as Yuan Hits Fresh 6-Year Lows on Capital Outflows
Adrian Ash's picture

Gold prices traded in London's wholesale market steadied against the rising US Dollar Friday, heading for a solid weekly gain versus all major currencies as the Chinese Yuan hit fresh 6-year lows on the FX market.

Moody’s: The M&A Market Is Flashing a Red Warning Sign
ValueWalk's picture

One of the most reliable indicators of a market peak is M&A. When profits near a cyclical peak, sales growth stagnates and the risk of missing earnings targets grows, managements chasing growth at any price, push takeover premiums to extremes.

Conference Board Leading Economic Index Increased in September
Doug Short's picture

The Latest Conference Board Leading Economic Index (LEI) for September increased 0.2 percent to 124.4 from August's 124.1. The latest indicator value came in at the month-over-month percent forecast by

Tax Foundation Analyzes Tax Plans: 10-Year GDP (Trump +6.9%, Hillary -2.6%), Wage Growth (Trump +5.4%, Hillary -2.1%)
Michael Shedlock's picture

The Tax Foundation has an interesting analysis of Trump’s tax plan compared to Hillary’s. Hillary is negative on GDP, capital investment, wage growth, and jobs. Trump is positive on all four under two different models.

Tesla Now Fully Able to Self-Drive Safer Than Humans
Danielle Park's picture

While much of the world remains preoccupied with impotent central bank grandstanding, the US presidential train wreck and reams of counter-productive nonsense, Tesla has now not only made and released the best-rated car...

Opportunity Grows in Indonesia as Tourism Sector Blooms
Global Risk Insights's picture

Although Bali has traditionally dominated tourism in Indonesia, the government’s ‘Wonderful Indonesia’ campaign has shown the country in a new light. But it also reveals the plethora of still-untapped economic opportunity...