Financial Sense

By Independent Institute By Independent Institute – California governor Jerry Brown wants to impose the state’s first-ever tax on drinking water, tacked onto monthly bills, and accompanied by “fees” on fertilizer and dairy farmers. For embattled… …read more From:: Financial Sense

By Independent Institute By Independent Institute – A recent story in the New York Times discussed the increasing willingness of political candidates in the United States to run as socialists. Times reporter Farah Stockman wrote that the Democratic… …read more From:: Financial Sense

By Michael Shedlock By Michael Shedlock – Brad Setser and David Rosenberg each discuss the “nuclear” option of China dumping treasuries in a trade war escalation. Since there is no longer any reasonable debate about a trade war has started… …read more From:: Financial Sense

By Michael Shedlock By Michael Shedlock – How does the yield curve invert? Jim Bianco at Bianco Research says “Inside Out”. This is a guest post by Jim Bianco. I dispense with block quotes. The end of the article will be clear. …read more From:: Financial Sense

By Oil Price By Oil Price – Saudi Arabia is offering extra oil on top of its contractual volumes to some buyers in its key market Asia, as OPEC’s largest producer boosts oil production to keep markets well-supplied amid disruptions from Venezuela… …read more From:: Financial Sense

By Patrick O’Hare By Patrick O’Hare – Anyone who has been riding the wave of the S&P 500 information technology sector’s outperformance must be feeling like the Big Kahuna. This past week, however, something happened to make one… …read more From:: Financial Sense

By Jeffrey D Saut By Jeff Saut – We don’t know how long ago we met Frederick “Shad” Rowe, but we are glad we did because our conversations with him have been net worth changing. Recall that Shad is the founder and portfolio manager… …read more From:: Financial Sense

By Peter Boockvar By Peter Boockvar – Today is less about Turkey as the lira is up about 3% (after Turkey announced a limitation on banks level of currency swaps they can do which was being used to short the lira) vs the US dollar and… …read more From:: Financial Sense

By Jeffrey D Saut By Jeff Saut – So, we are finally back after a week in Boston, a week in New York, and a week in San Francisco. Our missions were to see portfolio managers and do some gigs for our financial advisors (FAs) and their clients… …read more From:: Financial Sense

By Global Risk Insights By Global Risk Insights – Argentina’s contemporary problems are a typical currency crisis. Those who hold Argentine pesos or peso-denominated assets are selling, partly to buy US dollars and dollar-denominated assets because the US Federal Reserve… …read more From:: Financial Sense