Financial Sense

By Kurt Kallaus By Kurt Kallaus – This week the markets are dealing with the fear of an Italian political crisis if Italy leaves the Eurozone and defaults on its debt, adding yet another layer of uncertainty into the markets beyond China, NAFTA, North Korea, and Iran. Stocks are unlikely… …read more From:: Financial Sense

By Michael Shedlock By Michael Shedlock – The average size of a loan for a new car in the US set a record in the first quarter as did the average payment. Database firm Experian notes US Monthly Auto Payments Reach Record High in First Quarter. …read more From:: Financial Sense

By Kurt Kallaus By Kurt Kallaus – A Bloomberg article recently joined the chorus of stock market naysayers with a specious claim that the current record optimism displayed by Small Business surveys signaled that a market correction was due. Panics can occur almost anytime… …read more From:: Financial Sense

By Global Risk Insights By Global Risk Insights – On June 11, major Chinese and Indian oil companies started a formal meeting in Beijing, discussing the establishment of an “oil buyers’ club” to negotiate better prices with OPEC countries. …read more From:: Financial Sense

By Gary Dorsch By Gary Dorsch – Over the past 30 years, the technocrats in Beijing have attained an almost mythical status. The decade after two decades of rapid double-digit growth has transformed China into the world’s second-biggest economy… …read more From:: Financial Sense

By Richard Mills By Rick Mills – In 2016 Steve Bannon, President Donald Trump’s former chief strategist, declared that there was no doubt, in his mind, that the US would go to war with China in the South China Sea in the next five to 10 years. …read more From:: Financial Sense

By Oil Price By Oil Price – In a breakthrough in EU-US trade talks, President Trump and European Commission (EC) President Jean-Claude Juncker agreed yesterday in a meeting at the White House to suspend new trade tariffs… …read more From:: Financial Sense

By Kurt Kallaus By Kurt Kallaus – The 300,000 manufacturing jobs already created under Trump plus the 900,000 since 2010 is a nice rebound for the factory sector. It’s the longest and strongest job growth period since the 1960s. However, the big picture is that a return… …read more From:: Financial Sense

By Matthew Kerkhoff By Matthew Kerkhoff – The story of 2018 has been one of U.S. growth, but not necessarily global growth. While most major economies around the world are still expanding, they have been decelerating or holding steady… …read more From:: Financial Sense

By FS Staff By FS Staff – Though many express concern over rising interest rates and their potential impact on the market, Ralph Acampora told Financial Sense Newshour that there have been many periods in the past where the two have risen at the same time… …read more From:: Financial Sense