2016 - Page 271 of 277 -

Euro Destructo

Mar 10, 2016 Jeremy Parkinson Finance 0

Well, Draghi whipped out the bazooka… And the destructive effect so far on the Euro has been pretty epic so far… How the day ends will be quite telling. At the moment… not happy!

The performance of Citigroup Inc. (C) leaves traders with little room for second-guessing this bearish option. Unfortunately, for those going long on the stock there is little to be optimistic about – at least over the short-term. The declines in banking and financial stocks in 2016 have been precipitated by a loss of confidence in central banks […]

The ECB’s Embarrassing Inflation Forecast Implodes

Mar 10, 2016 Jeremy Parkinson Finance 0

Three months ago, when the ECB released its latest quarterly inflation expectations, we mocked that “there is a bit of a hockeystick” going from 2015 to 2016, when HICP inflation was expected to soar from 0.1% to 1.0%. We said the following: “in March 2014, the ECB predicted 2016 year end inflation would be 1.5%. It […]

ECB Increases QE And Cuts Rates

Mar 10, 2016 Jeremy Parkinson Finance 0

Today’s Economic events Japan PPI y/y -3.40% vs. -3.40% Australia MI inflation expectations 3.40% vs. 3.60% previously China CPI y/y 2.30% vs. 1.80%; PPI y/y -4.90% vs. -4.90% Germany trade balance 18.9bn vs. 19.2bn Italy quarterly unemployment rate 11.50% vs. 11.50% ECB cuts refi rates to 0% from 0.05% ECB cuts deposit rate to -0.40% […]

E Nine Reasons Why Volatility Is So High

Mar 10, 2016 Jeremy Parkinson Finance 0

After years of steadily upward grinding markets, we have suddenly seen three stock market shakeouts of more than 10% over the past six months. The Volatility Index (VIX) has spiked over $50 once and $30 on three separate occasions during the same time period. What gives? Is the bull market over? Is it time to […]

3 Things: Fed Problem, Oil – Ain’t 2009, NFIB Un-Optimism

Mar 10, 2016 Jeremy Parkinson Finance 0

The Fed’s Got A Problem The most recent employment report sent the financial market pundits abuzz claiming that the economy was on solid footing with no recession in sight. The problem, for anyone willing to actually look at the data, was the underlying data was mostly disappointing. While the BLS trumpeted 242,000 new jobs in February, wages […]

ETFs To Watch As Mortgage REIT Q4 Earnings Boost Optimism

Mar 10, 2016 Jeremy Parkinson Finance 0

This year has been marked with ups and downs for mortgage REITs that provide real estate financing through the purchase of mortgages and mortgage-backed securities (MBS). Volatile markets triggered by global growth worries and a stronger dollar weighed on these REITs. Meanwhile, these companies are buying back shares and diversifying their businesses to beat market […]

EC Secular Trends In Employment: Goods Producing Versus Services Providing

Mar 10, 2016 Jeremy Parkinson Finance 0

The Department of Labor’s Bureau of Labor Statistics has monthly data on employment by industry categories reaching back to 1939. At the highest level, all jobs are divided into two categories: Service-Providing Industries and Goods Producing Industries. The adjacent chart illustrates the ratio of the two categories since 1939. In 1939 service providing industries employed […]

Could Chinese Weakness Finally Be Priced In?

Mar 10, 2016 Jeremy Parkinson Finance 0

The start of the year has been dominated by fears that China’s economy is slowing, which is bizarre because anybody who keeps an eye on economic news knows it has been the case for a couple of years now, and this is behind the softening of commodity prices and shares in mining concerns. The twin […]

How Will Chip Card Technology Impact VeriFone’s Earnings?

Mar 10, 2016 Jeremy Parkinson Finance 0

Photo Credit: Mike Mozart VeriFone Systems, Inc. (PAY) Information Technology – IT Services| Reports March 10, After Market Closes Key Takeaways The Estimize community is calling for EPS of $0.47 and revenue expectations of $502.82, 1 cent higher than Wall Street’s earnings estimate and $2.5 million greater on the top line VeriFone is the current leader in […]