August 2018 - Page 41 of 240 -

Looking Back At Lehman, Ten Years Later

Aug 28, 2018 Jeremy Parkinson Finance, No picture 0

Robert Samuelson takes on the collapse of Lehman a decade ago and assesses the argument of Larry Ball that the Fed could have bailed out Lehman. He ends up siding with Bernanke–Paulson and says the Fed would have taken big losses if it bailed out Lehman. He also says we would have seen the financial crisis anyhow. […]

S&P 500 Breakout; Sector Trading Range Charts

Aug 28, 2018 Jeremy Parkinson Finance 0

After finally closing at a new all-time high on Friday, the S&P 500 continued its push into uncharted waters with a solid gain of 80 basis points today. You can see the breakout to new highs pretty clearly in our trading range chart of the S&P 500 below. While the S&P (and most major US […]

Indian Indices Open At New Highs; Power And Metal Stocks Outperform

Aug 28, 2018 Jeremy Parkinson Finance, No picture 0

Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.6% while the Hang Seng is up 0.4%. The Shanghai Composite is trading flat. Meanwhile, a broad-based rally pushed the S&P 500 and the Nasdaq to record-high closes for the second straight session on Monday as a trade agreement reached between the United States and […]

US Multinationals Producing Elsewhere: In The Trade War Crossfire

Aug 28, 2018 Jeremy Parkinson Finance 0

Most of the fuss about international trade focuses on goods and services that cross international borders. But a number of major US multinational companies–GM, Ford, Starbucks, Nike, and others–have both production facilities and large sales in China. For example, GM sells more cars in China than in the United States. Overall, US exports of goods and services […]

Beware Of Greeks Bearing Bridges

Aug 28, 2018 Jeremy Parkinson Finance 0

OK, so I kind of mashed up this title. The first part is obvious, something about Greeks and gifts. The second part is actually a double entendre. I cobbled together the old line of, “If you believe that, then I’ve got a bridge to sell ya!” and a reference to one of the initiatives underway […]

COT Report: Speculators Buy The Japanese Yen

Aug 27, 2018 Jeremy Parkinson Finance 0

Looking at previous week’s Commitments of Traders Report, changes in speculator positioning across major currencies and commodities are fairly limited. The most substantial changes can be seen in the US dollar index, British pound and Japanese yen. Net positions for all three currencies were up last week. While speculator positions in the US dollar index are […]

Death By Higher Rates? Not So Fast

Aug 27, 2018 Jeremy Parkinson Finance 0

Though many express concern over rising interest rates and their potential impact on the market, Ralph Acampora told Financial Sense Newshour (see Ralph Acampora: Nervous Short-Term But Secular Bull Market Still Intact) that the idea “rising rates are bad for the market” is not all it’s cracked up to be. For example, looking over the past 10 […]

World Markets Update – Monday, August 27

Aug 27, 2018 Jeremy Parkinson Finance, No picture 0

Four of eight indexes on our world watch list have posted gains through Monday, August 27, 2018. The top performer this year is India’s BSE SENSEX with a gain of 14.44%. In second is our own S&P 500 with a gain of 8.35%. In third is France’s CAC 40 with a gain of 3.13%. Coming […]

COT Blue: Blame May 29, Not Trade War

Aug 27, 2018 Jeremy Parkinson Finance, No picture 0

I have to hand it to my colleague Joe Calhoun. In recent months, he’s been able to almost perfectly predict the Trump Administration’s response tactics to all this trade war stuff. Back in July, it was mere comments on the dollar. Not long thereafter, aid to farmers caught up in the China dispute. When that […]

De-FAANGing The World

Aug 27, 2018 Jeremy Parkinson Finance, No picture 0

Last weekend, Ben Carson’s Department of Housing and Urban Development filed suit against Facebook, claiming that its methods of segregating consumers for advertisers constituted redlining, violating Civil Rights legislation. The battle between Big Data and civil rights has thus begun, rather earlier than had been expected. It is just one of the forces that will […]