2018 - Page 1451 of 1751 -

Global Stock Pare Losses After Robust US Jobs Data

Mar 10, 2018 Jeremy Parkinson Finance 0

Global financial markets slumped this week after the US imposed steel and aluminium tariffs on exports. However, markets worldwide pared the losses on Friday amid robust US jobs data. Data from the U.S. Labor Department revealed that the nation had added 313,000 jobs last month, surpassing analyst expectations of 200,000. Construction was the biggest sector gainer, […]

Not Even The Pentagon Thinks Tariffs Are Needed For National Defense

Mar 10, 2018 Jeremy Parkinson Finance 0

When politicians run out of good arguments, their last refuge is often the claim that what they want is “necessary for national defense.” Given that there are no economic arguments in favor of tariffs, it makes sense that the administration has resorted to the political “national defense” argument instead. So, even if the Trump administration were forced to admit that, yes, […]

Regeneron, Sanofi Say Odyssey Outcomes Trial Met Primary Endpoint

Mar 10, 2018 Jeremy Parkinson Finance 0

Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) announced that the Odyssey Outcomes trial met its primary endpoint, showing Praluent Injection “significantly reduced” the risk of major adverse cardiovascular events in patients who had suffered a recent acute coronary syndrome event, such as a heart attack. Results from the trial will be presented today during a late-breaker […]

The 2018 Bear Market Is Over…For Now

Mar 10, 2018 Jeremy Parkinson Finance 0

As I noted last Tuesday: “Turning points in the market, if this is one, are extremely difficult to navigate. They are also the juncture where the most investing mistakes are made. Over the last several weeks, I have been providing constant prodding to clean up portfolios and reduce risks. I also provided guidelines for that process – click here. For […]

Passive Investors Don’t Need No Stinkin’ Votes

Mar 10, 2018 Jeremy Parkinson Finance 0

People are still losing their minds over “passive investing”. Here’s the CEO of a high fee fund management company complaining: “Passive investors don’t engage the market with finely tuned attention to each company. They don’t help allocate capital specifically to well-run companies with competitive advantages and long-term growth prospects. Nor do they invest in discovering price disconnects […]

Gold Prices Struggle To Maintain March Gains- US CPI On Tap

Mar 10, 2018 Jeremy Parkinson Finance 0

Fundamental Forecast for Gold: Bullish Gold defends monthly open support post-NFP; near-term outlook constructive Gold prices are poised to close the week fractionally high with the precious metal trading at 1323 ahead of the New York close on Friday. It’s been a volatile week for bullion but the precious metal continues to hold a well-defined range […]

This Might Not Be What You Think It Is

Mar 10, 2018 Jeremy Parkinson Finance 0

9-Year U.S. Bull Market Run: Will We See A10th?

Mar 10, 2018 Jeremy Parkinson Finance 0

Each candle on the following five charts of the Major U.S. Indices represents a period of one year. You can see at a glance that we’re still ensconced in a bull market that began in 2009 when the Fed first began their QE monetary policy. In fact, both Tech indices closed at new all-time highs on Friday and haven’t experienced much of a pullback, so far, this […]

SPX Intermediate Support Challenged But Holds

Mar 10, 2018 Jeremy Parkinson Finance 0

VIX challenged the two-year trendline and mid-Cycle support on Friday morning to complete an extended Master Cycle low. The correction finally appears to be complete and a rally above Short-term support/resistance at 15.82 may put the VIX back on a buy signal. The next Cycle Top may occur in the next 2-3 weeks. (ZeroHedge) Heading […]

$21 Trillion And Rising: How Central Banks Are LBOing The World In One Stunning Chart

Mar 10, 2018 Jeremy Parkinson Finance 0

Back in late 2016, we showed the unprecedented domination of capital markets by central banks using a chart from Citi, which had put together a fascinating slideshow asking simply “Where is the utility in marginal QE” and specifically pointing out that the longer unconventional monetary policy such as QE continues, the bigger its marginal cost, […]