First developing countries blew up. Then real estate topped and started to roll over. Now oil has entered what CNBC just called its “longest losing
After an artificial pause in 2017, US government debt has resumed its inexorable climb… …the dollar has fallen by around 5%… … and inflation –
Monthly economic readings tend to be full of noise and are therefore unreliable. So it’s best to save the excited assertions for established trends. The
Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in
Cornflakes and milk may or may not be getting more expensive, but some higher-profile things are rocking like it’s 1979. Houses, for example: Home prices
The frustration out there is palpable. Skim the comments sections of popular financial sites like Zero Hedge or Seeking Alpha and you’ll see gloom-and-doomy articles
For a while there it looked like the US and its main trading partners had finally achieved escape velocity. Growth was up, inflation was poking
The latest Middle East news is right out of ISIS’ medieval playbook. But it’s not (at least not all) ISIS. US ally Saudi Arabia apparently
Some recent stories from, of all places, Texas, offer the first clear glimpse of the coming energy revolution. The short version: Combine wind at night,
If you ignore their recent volatility, the financial markets are painting a fairly happy picture. The S&P 500, for instance, is closer to its 12-month
Wal-Mart just announced flat year-over-year sales, causing its shares to fall by 9% and wiping $20 billion from its market cap. Which would be unremarkable
The US markets awoke to news of several big, disturbing overseas events: Glencore implodes. Think of Swiss commodities giant Glencore as a modern version of
The way markets usually work is that on any given day (or in any given year) some asset classes are up while others are down.
A few years ago (when the world was very different) veteran mining analyst Jay Taylor told me something that seemed counterintuitive: Deflation can actually be
Warren Buffett’s classic observation that “You only see who’s swimming naked when the tide goes out” is being tossed around more frequently these days, as
Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.
