October 2016 -

The Bear’s Lair: The Years Of Fiscal Profligacy

Oct 18, 2016 Jeremy Parkinson Finance 0

The IMF last week released figures showing that word debt had reached $152 trillion, a record 225% of world GDP. Even though governments’ borrowing costs are ultra-low, budget deficits in the U.S. Britain and Japan are running at extraordinarily high levels, yet all the chatter is about ways to increase them rather than rein them […]

Stocks Pop Higher As U.S., U.K. Inflation Pose Gains

Oct 18, 2016 Jeremy Parkinson Finance 0

The big data points of the morning have been inflationary prints out of the U.S. and the U.K; with both showing gains compared to prior prints. Inflation for the month of September in the United States printed at 1.5% versus last month’s 1.1% number; core inflation came in at 2.2%, a bit below the expectation which was […]

Saudi Arabia Launches Sale Of 5, 10 And 30 Year Bonds, Seeks To Raise Up To $15 Billion

Oct 18, 2016 Jeremy Parkinson Finance 0

Saudi Arabia has officially launched its much anticipated, first international bond sale on Wednesday, as the kingdom turns to debt markets to help ease a fiscal squeeze from the two-year slump in oil prices, which has slammed not only the country’s economy, leading to a period of unprecedented austerity resulting in widespread job cuts and […]

UK & US Inflation Data To Shed Light On Fed’s Decisions

Oct 18, 2016 Jeremy Parkinson Finance 0

After a slow trading day on Monday due to lack of fundamentals across the board, Tuesday comes with many key economic releases for two central banks, which set to have a notable impact on the markets. Eyes turn to the UK and the US inflation data, which may give us more clues about their upcoming […]

Jefferies Sees ‘Attractive Buying Opportunities’ In Biotech

Oct 18, 2016 Jeremy Parkinson Finance 0

The Jefferies Biotechnology team sees “attractive buying opportunities” amidst the pre-election weakness. While volatility will likely continue into the election, valuation multiples are near-historic lows and policy concerns, while valid, are likely overstated, the analysts tell investors in a research note. They recommend using the weakness to buy select names ahead of a potential improvement […]

3 Top-Rated PIMCO Mutual Funds To Buy Now

Oct 18, 2016 Jeremy Parkinson Finance 0

Pacific Investment Management Company, LLC (commonly known as PIMCO) is an internationally acclaimed investment management firm. The company provides a wide range of financial services in 12 countries with the help of more than 2,200 employees and over 700 professionals. PIMCO offers a broad lineup of investment solutions to its clients that encompass the entire […]

Goldman Sachs, BlackRock Report Strong Earnings

Oct 18, 2016 Jeremy Parkinson Finance 0

Goldman Sachs (GS) and BlackRock (BLK) released their third quarter earnings reports before opening bell this morning. Goldman Sachs posted earnings of $4.88 per share on $8.17 billion in revenue. Analysts had been expecting earnings of $3.82 per share and $7.36 billion in revenue. In last year’s third quarter, the firm posted $2.90 per share […]

4 Stocks To Watch After The Market Closes Today

Oct 18, 2016 Jeremy Parkinson Finance 0

Intel (INTC): Intel, like many of its peers, has shifted its focus away from its waning legacy business toward high growth markets such as AI, IoT Data Centers and Security. Last quarter the company saw these segments jump on a year over year basis with expectations to do the same on Tuesday. Client Computing was one […]

The Dow Jones Transportation Index – October 18, 2016

Oct 18, 2016 Jeremy Parkinson Finance 0

The Dow Jones Transportation Index… Last week we showed the Dow Jones Transportation Index chart and commented that a big test day was in play against a very important resistance line. Well, a week has gone by and the Transports still have not broken its upper resistance line yet. That is the current test that […]

Goldman Smashes Expectations As Trading, Prop Revenues Surge, “Average” Employee Makes $322,607

Oct 18, 2016 Jeremy Parkinson Finance 0

After the rest of the major US banks posted solid beats, mostly on the back of a strong rebound in markets-driven revenue, there was little concern that Goldman Sachs (GS) – the pure-play trading powerhouse (at least until the recent launch of a retail lending and deposit operation) would likewise surpass Wall Street’s expectations, and […]