March 2016 - Page 101 of 193 -

E The Death Of The Hedge Fund

Mar 21, 2016 Jeremy Parkinson Finance 0

Without question, this has been the quarter from hell for the hedge fund industry. It hasn’t helped that the big cap S&P 500 Index (SPY), has cratered by 14% and then immediately rocketed by 14% three times in the last 18 months, with NO net movement overall. The latest rally has seen the biggest move […]

U.S. Steel Downgraded To Underperform From Hold At Jefferies

Mar 21, 2016 Jeremy Parkinson Finance 0

Jefferies analyst Seth Rosenfeld downgraded U.S. Steel (X) to Underperform saying valuations in the steel space are “increasingly hard to justify” following the recent rally. The analyst expects steel pricing to lose momentum into summer. He has a $10 price target for shares of U.S. Steel. Rosenfeld this morning also downgraded Reliance Steel (RS), Commercial […]

Hail Mary

Mar 21, 2016 Jeremy Parkinson Finance 0

Over the past 30 years, many central banks have tried to re-order the natural drivers of economies. As opposed to savings and investment driving production and consumption, they moved consumption to the front of the line, meaning it came at the expense of savings and investment. These efforts disrupt the natural order of activities in […]

The State Of China’s Markets

Mar 21, 2016 Jeremy Parkinson Finance 0

The State of the China’s Markets FacebookTwitterGoogle+LinkedInRedditMore The Governor of the PBoC – Z. Xiaochuan – struck a cautionary note at the China Development Forum on Sunday the 20thMarch 2016. According to him, the Debt/GDP ratio has increased dramatically, and is fast approaching untenable levels. Some other concerns that dog the Chinese economy include an […]

Morning Call For March 21, 2016

Mar 21, 2016 Jeremy Parkinson Finance 0

OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM16 +0.06%) are up +0.11% at a 2-1/2 month high and received a boost on increased M&A activity after Sherwin-Williams agreed to buy Valspar Corp. for about $9.3 billion. Valspar surged 31% in pre-market trading and Sherwin-Williams is up over 2%. European stocks are up +0.38% on increased […]

Why Stocks And Bonds Are Useless

Mar 21, 2016 Jeremy Parkinson Finance 0

Looking forward, traditional investments are unlikely to produce attractive returns over the next decade. The days of investing in an S&P 500 index fund and closing your eyes and hoping for the best are over. Stocks are expensive, and interest rates on 10-year Treasuries are near historic lows as well. Frankly, neither stocks nor bonds […]

USDJPY Looks To Cap Weakness At Key Support Zone

Mar 21, 2016 Jeremy Parkinson Finance 0

USDJPY: With the pair continuing to maintain its downside pressure, further bearishness is envisaged though with caution. However, as long as it can hold and trade above the 110.92/66 support zone, a move higher is likely. On the downside, support comes in at the 111.00 level where a break if seen will aim at the […]

Chicago Fed: US Growth Stumbed In Feb But 3-Month Trend Improves

Mar 21, 2016 Jeremy Parkinson Finance 0

The US economy continued to expand through last month at a moderate pace, albeit at a rate that’s slightly below the historical trend, according to this morning’s update of the Chicago Fed National Activity Index. The business-cycle benchmark’s three-month average (CFNAI-MA3) ticked up to -0.07 in February, close to The Capital Spectator’s projection. The main takeaway: recession risk remained […]

On The Fly: Pre-market Movers

Mar 21, 2016 Jeremy Parkinson Finance 0

HIGHER: Valspar (VAL), up 25.6% after Sherwin-Williams (SHW) will acquire the company for $113 per share in an all cash deal… Starwood Hotels (HOT), up 5.9% after Marriott (MAR) and Starwood signed an amended merger agreement… Marriott is up marginally… WL Ross (WLRH), up 3% after announcing that it will acquire Nexeo Solutions… Tesla (TSLA), […]