May 2015 - Page 42 of 80 -

Steel Consumption In China Declines First Time In Three Decades; Painful Rebalancing

May 15, 2015 Jeremy Parkinson Finance 0

Looking for signs of a global recovery that will lead export growth? If so don’t look at China. Reuters reports China’s Annual Steel Consumption Drops for First Time in Three Decades. China’s apparent crude steel consumption fell for the first time in three decades in 2014, data from an industry association showed, a further indication of […]

BIS On Build Up Of Financial Imbalances

May 15, 2015 Jeremy Parkinson Finance 0

by Constantin Gurdgiev, TrueEconomics.Blogspot.in There is a scary, fully frightening presentation out there. Titled “The international monetary and financial system: Its Achilles heel and what to do about it” and authored by Claudio Borio of the Bank for International Settlements, it was delivered at the Institute for New Economic Thinking (INET) “2015 Annual Conference: Liberté, Égalité, Fragilité” Paris, […]

Short Term Gold Outlook: 3 Day Rally Sputters-Now What? Likely Drivers, Direction

May 15, 2015 Jeremy Parkinson Finance 0

Guidance for short term gold traders, gold’s technical, fundamental outlook and near term drivers Summary Gold’s 3 day rally drove it above major intermediate term resistance levels, opening the chance for more gains in coming days The uptrend weakened mid-Thursday as the USD simultaneously bottomed Likely near term fundamental and technical drivers for Friday and […]

Chinese Tech Company’s 3,000% Post-IPO Gain Takes Unthinkable 4% Hit

May 15, 2015 Jeremy Parkinson Finance 0

Two weeks ago, we brought you the story of Beijing Baoefung Technology which in many ways exemplifies everything that’s wrong (or right, depending on whether you, like Japan’s Economics Minister Akira Amari, have come to believe that bubbles are good) with today’s capital markets. The online video company’s shares posted a remarkable post-IPO run amid China’s red-hot […]

Gold & Stuttgart

May 15, 2015 Jeremy Parkinson Finance 0

QUESTION: At Stuttgart you said gold coins would be one asset people could use against the banks and that there is some seasonal high. Could you explain that a bit more in detail. Thank you. You deserved the standing ovation. ANSWER: Yes, for the individual you can buy gold coins that are familiar to people rather […]

Why Investors Fall Into The Same Trap Over And Over Again

May 15, 2015 Jeremy Parkinson Finance 0

The economy is growing, the markets are up, stocks are flirting with record highs… The good times are back for investors it seems, but are they really? Investors have the wind at their back once again. Everything seems to be moving in the right direction and the global economy is doing great, with strong growth […]

When Europe Gets Greece’s Jingle Mail: Dealing With Default

May 15, 2015 Jeremy Parkinson Finance 0

The costs and consequences of Greece exiting the Eurozone may well dwarf the financial losses triggered by Greece’s default. The term Jingle mail originated in the great popping of the housing bubble 2008-2011. It refers to defaulting homeowners mailing the keys to their house back to the lender, and it denotes the finality of default: it’s over. The […]

Dismal April Retail Sales Sinks Dollar

May 15, 2015 Jeremy Parkinson Finance 0

The U.S. Dollar continues to be under significant pressure as investors appear to have decided that the recent weakness in the U.S. economy may not be as “transient” as the Federal Reserve Bank would have hoped. Yesterday’s release of April retail sales figures was unexpectedly dismal, and for an economy like the U.S. which is […]

Draghi Warns ECB Economic Policies May Lead To Financial Instability And Worsen Income Inequality; Stupidity Index At New High

May 15, 2015 Jeremy Parkinson Finance 0

Here’s a new one. ECB president Mario Draghi cautions that ECB policies may “lead to financial instability and worsen income inequality.” Place that warning in the “duh” category. For duh details, please consider Draghi Warns Central Banks Against ‘Blind’ Risk-Taking. Mario Draghi has warned central banks to beware of the risk that aggressive monetary easing, including […]

The Conn’s Paradox, Or The Synergy Of Awful

May 14, 2015 Jeremy Parkinson Finance 0

I wrote the following article for Institutional Investor magazine. Well, kind of. First I wrote to our clients as part of our first-quarter letter, explaining why we bought Conn’s during the quarter. I feel a little bit uneasy sharing this article, because Conn’s has a tremendous run-up since. Despite the run-up, we were buying it for new […]