November 2018 - Page 158 of 209 -

Analysts See AMD Competitive Positive Improving After Next Horizon Event

Nov 07, 2018 Jeremy Parkinson Finance 0

Following AMD’s (AMD) Next Horizon event, KeyBanc analyst Weston Twigg told investors that he believes growth will likely accelerate in 2020 on the company’s “compelling” datacenter strategy. Meanwhile, his peer at Jefferies argued that he sees AMD’s competitive position improving given upcoming “watershed” events. NEXT HORIZON EVENT: Yesterday, AMD and Amazon Web Services (AMZN) announced […]

Post-Midterm Days Spell Good Time For Stocks: 5 Picks

Nov 07, 2018 Jeremy Parkinson Finance 0

Traditionally, the stock market tends to rise after a midterm election irrespective of the outcome. In fact, in the current situation where the Democrats have taken control of the House of Representatives while GOP retained the Senate, stocks are poised to perform even better. To top it, the U.S. economy is in sound shape and […]

Baby Boomer Employment Across Time – Wed., Nov. 7

Nov 07, 2018 Jeremy Parkinson Finance, No picture 0

With the release of the October employment report, let’s review the status of the 20th century Baby Boom, which was one of the most powerful demographic events in the history of the United States. The chart below illustrates the 19-year surge in births following World War II that stretched from 1946 through 1964. The boom […]

Deficit, Fed, Post-Midterms

Nov 07, 2018 Jeremy Parkinson Finance, No picture 0

“In 2016, President Trump pledged to eliminate the national debt ‘over a period of eight years’ (“In a revealing interview, Trump predicts a ‘massive recession’ but intends to eliminate the national debt in 8 years”). He then signed a $1.5T tax cut bill and a two-year spending deal that could push annual deficits above $2.1T, […]

Bond Traders Shocked By Dismal 30Y Auction As Direct Bidder Collapse Continues

Nov 07, 2018 Jeremy Parkinson Finance 0

When discussing yesterday’s stellar 10Y auction, we said that we expect today’s sale of $19 billion in 30Y paper to show the same collapse in Direct bidder demand observed that has been observed for the past 2 weeks. Well, that’s precisely what happened. However, it was much more than just that in what was a […]

This Calm Shall Pass, Too

Nov 07, 2018 Jeremy Parkinson Finance, No picture 0

Equity futures buckled a bit after the first congressional race was called for the Democrats – early, and with a wide margin that maybe said this “blue wave” was real. As more results came in, futures recovered ground, steadied, and started to point to a positive open. After all, what happened was basically in line […]

Harmful Modern Myths And Legends

Nov 07, 2018 Jeremy Parkinson Finance 0

Loreley Rock near Sankt Goarshausen sits at a narrow curve on the Rhine River in Germany. The shape of the bluff produces a faint echo in the wind, supposedly the last whispers of a beautiful maiden who threw herself from it in despair once spurned by her paramour. She was transformed into a siren, legend […]

U.S. Midterms Update: Democrats Take House, Republicans Keep Senate. Markets React

Nov 07, 2018 Jeremy Parkinson Finance, No picture 0

Editor’s note: This post was originally published Nov. 6, and was updated to include initial reaction from markets on Nov. 7. In a widely-expected outcome1, U.S. midterm elections concluded with the Democrats gaining a majority in the House of Representatives, while Republicans maintained control of the Senate. The initial reaction from markets has been largely […]

US Dollar In Holding Pattern After Midterms, Ahead Of FOMC Tomorrow

Nov 07, 2018 Jeremy Parkinson Finance, No picture 0

The US Dollar (via the DXY Index) has seen prices alternate between gains and losses on Wednesday as market participants digest the results of the 2018 US midterm elections. With the base case scenario having been achieved – Democrats controlling the House, Republicans controlling the Senate – reaction across financial markets has been limited. If there is […]

US Election Result Likely To Magnify Global Slowdown

Nov 07, 2018 Jeremy Parkinson Finance 0

For financial markets and the economy, the most relevant outcome of last night’s reweighting in the US Congress may be that further tax cuts and unfettered deficit spending directed by the Republicans are less likely over the next two years. While this should mean lower US debt accumulation going forward (a good thing), it also […]