October 2018 - Page 38 of 262 -

Numbers Always Look Good When Recessions Begin

Oct 27, 2018 Jeremy Parkinson Finance, No picture 0

Crude Oil Set For Third Weekly Decline Chasing Stock Markets Lower

Oct 27, 2018 Jeremy Parkinson Finance, No picture 0

Fundamental Forecast for : Neutral FUNDAMENTAL CRUDE OIL PRICE TALKING POINTS: The ONE Thing: Three makes a trend as Crude oil has pushed aggressively lower and the premium that had supported the market on near-term futures contracts continues to move toward zero. The correlation to WTI and stocks are coming at a bad time as stocks show their worst performance […]

Stocks: Really Big Moves Still Ahead?

Oct 27, 2018 Jeremy Parkinson Finance, No picture 0

Talk Of A Crash

Oct 27, 2018 Jeremy Parkinson Finance 0

There is some talk of a crash. We’ve gone from annoying lectures about how normal it is for the market to have significant corrections, to discussions about the signs to look for when the market is about to crash. From a contrarian’s point of view, I would say that such negative sentiment works in favor […]

Q3 Real GDP Per Capita: 2.83% Versus The 3.50% Headline Real GDP

Oct 27, 2018 Jeremy Parkinson Finance, No picture 0

The Advance Estimate for Q3 GDP came in at 3.5% (3.50% to two decimals), down from 4.2% in Q2. With a per-capita adjustment, the headline number is lower at 2.83% to two decimal points. Here is a chart of real GDP per capita growth since 1960. For this analysis, we’ve chained in today’s dollar for […]

Market Gets Crash(ier)

Oct 27, 2018 Jeremy Parkinson Finance 0

Over the last three weeks, as interest rates surged above 3%, we explored the question of whether something had “just broken” in the market. Did Something Just Break? 10-05-18 Yes, Something Just Broke 10-12-18 Market Clings To Support – 10-19-18 As I stated last week: “This past week has been a decidedly tough struggle for […]

Only Twice In History Have Markets Been This Ugly: The 1970s Stagflation And The Global Financial Crisis

Oct 27, 2018 Jeremy Parkinson Finance 0

This month’s violent market rout, which sent both the S&P 500 and Dow to unchanged for the year and pushed most global markets into a bear market, has delivered several other dubious distinctions across asset classes. After seemingly untouchable, many credit spreads (US HY, Euro HG and HY) have widened to their highest levels this […]

USD/CAD Rate Threatens Bearish Trend Ahead Of U.S. NFP Report

Oct 27, 2018 Jeremy Parkinson Finance, No picture 0

Fundamental Forecast for Canadian Dollar: Bearish USD/CAD extends the advance from the monthly-low (1.2782) even as the Bank of Canada (BoC) delivers a hawkish rate-hike, and recent price action keeps the topside targets on the radar as the exchange rate threatens the bearish trend from earlier this year. It seems as though the BoC will pick up the […]

Week In Review: Innovent Completes $421 Million Hong Kong IPO; Will Start Trading Next Week

Oct 27, 2018 Jeremy Parkinson Finance, No picture 0

Innovent Biologics has priced its Hong Kong IPO to raise $421 million, very close to the top of the expected range (see story). The company set its offering price at HK$13.98, just below the top of the range. The successful IPO shows investors are still interested in young China biopharmas, even though the three earlier pre-revenue biotech […]

Has A USD Correction Begun?

Oct 27, 2018 Jeremy Parkinson Finance, No picture 0

The MSCI benchmark for developed and emerging market equities has fallen for the past five weeks. The dollar has done well over this period. Although it lost some momentum ahead of the weekend, the Dollar Index reached a two-month high at the end week, reflecting the two-month lows of the euro and sterling. The Australian dollar recorded […]