November 2018 - Page 104 of 209 -

2 Funds To Gain From Strength In U.S. Insurance

Nov 14, 2018 Jeremy Parkinson Finance, No picture 0

A spate of natural disasters, an aging American population and increased number of vehicles on the roads have resulted in increasing prices of insurance premiums. Further, a number of mergers in the pipeline have resulted in the firming up of the insurance industry. Consequently, insurance buyers have been facing extreme price pressure. Under such circumstances, […]

What Inflation Means To You: Inside The Consumer Price Index – Wednesday, Nov. 14

Nov 14, 2018 Jeremy Parkinson Finance, No picture 0

Note: The charts in this commentary have been updated to include this morning’s Consumer Price Index news release. Back in 2010, the Fed justified its aggressive monetary policy “to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate” (full text). In effect, the Fed has […]

Peso, Loonie Tumble After Dems Demand Changes To NAFTA 2.0

Nov 14, 2018 Jeremy Parkinson Finance 0

The Mexican Peso and Canadian loonie are tumbling after New Jersey Democrat, Rep. Bill Pascrell – who’s in line to chair the House Ways and Means Trade subcommittee – said the USMCA trade agreement between the U.S., Mexico, and Canada is dead unless President Trump renegotiates it. “If he wants a Democratic votes they need to […]

Real Wages Unchanged, Real Money Supply Increases In October

Nov 14, 2018 Jeremy Parkinson Finance 0

With October consumer price inflation reported, let’s update a few metrics. First of all, while the YoY% growth in real wages increased: Real wages were unchanged month over month, as both nominal wages and consumer inflation both increased by +0.3%: Real wages have still not even increased 1% in the last 2 1/2 years. Because, […]

Macy’s Raises FY Revenue And Earnings Guidance

Nov 14, 2018 Jeremy Parkinson Finance, No picture 0

CNBC’s ‘Squawk Box’ team discusses Macy’s quarterly earnings. CNBC’s Courtney Reagan joins and reports on comments from Macy’s CEO Jeff Gennette.

Guggenheim Sees 5% Iphone Drop Next Year, Downgrades Apple To Neutral

Nov 14, 2018 Jeremy Parkinson Finance, No picture 0

Guggenheim analyst Robert Cihra downgraded Apple (AAPL) to Neutral from Buy and removed his prior $245 price target for the shares. The stock closed yesterday down $1.94 to $192.23. The average selling price of the iPhone has increased a “dramatic” $220, or 40%, over the past 10 years, reflecting its “growing value to both consumer […]

What Can You Do To Save If You Have No 401k?

Nov 14, 2018 Jeremy Parkinson Finance 0

That’s a lot of women, maybe more than 401. But I doubt if they’re all named Kay. So you’re all set to begin saving your literal behind off – you’re on fire about FI/RE, or you’ve just gotten to the point where you know you need to start saving if you’re ever going to get […]

October 2018 CPI: Year-Over-Year Inflation Rate Grows To 2.5%

Nov 14, 2018 Jeremy Parkinson Finance 0

According to the BLS, the Consumer Price Index (CPI-U) year-over-year inflation rate was 2.5 % year-over-year (higher than the 2.3 % last month) – headlines say up 0.3 % month-over-month. The year-over-year core inflation (excludes energy and food) rate was also marginally declined from 2.2 % to 2.1 %, and continues to be above the target set […]

Friends Don’t Let Friends Buy Leveraged ETFs

Nov 14, 2018 Jeremy Parkinson Finance 0

Crude oil prices are trying to recover this morning as Natural Gas prices continue to go bananas. Equity futures are picking up steam to the upside, and CPI came in right inline with expectations. With the surge in natural gas over the last couple of days and into this morning, one security that has been absolutely on fire […]

Behavioral Risk Is Highest In The Early Years Of A New Investment

Nov 14, 2018 Jeremy Parkinson Finance, No picture 0

It’s old news that managing expectations is usually the main challenge in finding success with an investment strategy. To paraphrase Pogo in the quest to earn a respectable return through time, we’ve met the enemy of prudent behavior and he is us. Less obvious is the tendency for this behavioral risk to go to extremes […]