October 2018 - Page 110 of 262 -

Dollar Libor Jumps To Fresh 10 Year High, Adding To Funding Headwinds

Oct 18, 2018 Jeremy Parkinson Finance 0

It may be the bete noir of the credit market, but despite the gradual phase out of the infamous manipulated benchmark, Libor remains the reference rate for trillions in floating rate debt instruments, and in a further indication that monetary conditions are tightening aggressively and that funding headwinds are rising, overnight 3M USD Libor rose by 1.94bps […]

Gap Drops After Analyst Points To Sales Weakness At Namesake Brand

Oct 18, 2018 Jeremy Parkinson Finance 0

Shares of Gap Inc. (GPS) dropped in pre-market trading after an analyst at JPMorgan downgraded shares to Underweight, pointing to sales weakness at the apparel seller’s flagship Gap stores as well as profit margin pressures. MOUNTING MARGIN PRESSURES: JPMorgan analyst Matthew Boss downgraded Gap, which owns the Gap, Old Navy and Banana Republic brands, to Underweight from […]

A Brief History Of Asset Allocation

Oct 18, 2018 Jeremy Parkinson Finance 0

Glassbridge has put out an ambitious white paper about the “evolution of asset allocation across the investment management industry,” one that begins with the basics of the Capital Asset Pricing Model and ends with quantitative analysis and crowdsourcing. The premise is that new strategies, and new ranges of data, are disrupting traditional allocation, and that a […]

On Mondern Monetary Theory And Some Odd Twists And Turns In The Evolution Of Macroeconomics

Oct 18, 2018 Jeremy Parkinson Finance, No picture 0

Mainstream neoclassical economics is hooked on the idea of individual worker-savers as prime movers in capitalist market economies. As workers, individuals choose how much to work, determining the economy’s output; as savers, they determine how much of that output takes the shape of the economy’s capital investment. With banks as conduits channeling saving flows into […]

Still No Love For Earnings

Oct 18, 2018 Jeremy Parkinson Finance 0

Equities are looking to start the day a little lower, but futures are off their lows of the overnight session. Economic data so far this morning has been positive as the Philly Fed and both Initial and Continuing Jobless Claims all came in slightly better than estimates. The pace of earnings reports is starting to pick up, […]

Eaton Vance (EV) Dividend Stock Analysis

Oct 18, 2018 Jeremy Parkinson Finance 0

Eaton Vance Corp. (EV) engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. Further, the company operates as an adviser and distributor of investment companies and separate accounts. Last week the company raised its quarterly dividend by 12.90% […]

Weekly Unemployment Claims – Down 4K

Oct 18, 2018 Jeremy Parkinson Finance, No picture 0

Here is the opening statement from the Department of Labor: In the week ending October 13, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 5,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 214,000 to 215,000. The 4-week moving average was 211,750, […]

Uncertainty Following The Rebound, New Uptrend Or Just Correction?

Oct 18, 2018 Jeremy Parkinson Finance 0

The U.S. stock market indexes were mixed between -0.4% and 0.0% on Wednesday, as investors hesitated following the recent rebound off the support level. The S&P 500 index bounced off its long-term upward trend line on Thursday. It is currently 4.5% below September the 21st record high of 2,940.91. The Dow Jones Industrial Average lost 0.4% and the […]

E Markets: Aim High

Oct 18, 2018 Jeremy Parkinson Finance 0

Noise beat signal overnight, but the FOMC minutes continue to echo in investor ears and risks going forward. The Fed has a number of members that are aiming high like archers seeking the perfect trajectory. The odds of 3 hikes in 2019 to 3% rose after the release to 30%. This has supported the USD, […]

Emerging Markets With Lower Risk? Think About Europe

Oct 18, 2018 Jeremy Parkinson Finance, No picture 0

2018 has been a challenging year for emerging market equities, coming on the back of 2017, which was quite strong. Some observations on the current environment: Year-to-date, emerging market equities are down 8.8% in U.S.-dollar terms. Nearly 5% of this cumulative decline came from the U.S. dollar strengthening against emerging market currencies. As of this […]