2018 - Page 66 of 1751 -

Economics Of Mushroom Production: Kennett Square And The Rise Of China

Nov 19, 2018 Jeremy Parkinson Finance, No picture 0

Mushrooms are a relatively small US agricultural crop, with total production of about $1.2 billion in the 2017-2018 growing year. But they do illustrate some economic lessons, including how a local area that develops a specialization in a certain product can be hard to dislodge, and how the rise of China is reshaping global production in […]

Why Momentum Stocks Are Getting “Slaughtered”

Nov 19, 2018 Jeremy Parkinson Finance 0

Earlier today, we noted that according to Nomura (and not only: over the weekend Morgan Stanley said it “Senses A Shift In Tone From The Fed”) – based on last week’s commentary from both Chair Powell and vice Chair Clarida – the Fed’s tightening cycle is effectively over. This has been observed in the rates market, with […]

The Share Repurchase Bubble

Nov 19, 2018 Jeremy Parkinson Finance, No picture 0

A year ago, I wrote about the worrying increase in leverage among America’s blue chips caused by share repurchases (“Hollowed-out blue chips are the next subprime, November 13, 2017). Today I wanted to return to the subject because the travails of GE (NYSE: GE) are a reliable advance signal of the trouble ahead for the […]

U.S. Economic Outlook 2019: 3 Charts Say That A Recession Is Nearing

Nov 19, 2018 Jeremy Parkinson Finance 0

iStock.com/Naypong Recession Indicators Flashing Red: Just Look at the Business Inventories A recession could be looming for the U.S. economy. 2019 could go in the books as the year when the U.S. economy slows down and faces severe headwinds. To predict a recession, there are a few things economists generally look at. For example, they […]

USD/CAD Uptrend Intact At The Start Of A Potentially Quiet Holiday Week

Nov 19, 2018 Jeremy Parkinson Finance 0

It’s a day of dispersion in the global FX market, with European currencies rising against the greenback and commodity dollars losing ground versus the world’s reserve currency. The day’s only noteworthy economic release, the NAHB Housing Market Index, was a big disappointment, falling to a two-year low on its biggest one-month decline in four years […]

Cheat Sheet – Monday, Nov. 19

Nov 19, 2018 Jeremy Parkinson Finance, No picture 0

US Dollar The market always has taken the Fed’s forecast for three rate hikes next year with a large dose of skepticism. The fed funds futures strip implies growing expectations that the Fed pauses after a hike in December and Q1 19. It is still unclear the direction of fiscal policy next year. It may be […]

Which Smart Beta Was Smartest In October?

Nov 19, 2018 Jeremy Parkinson Finance 0

It’s no secret that October was a bad month for stocks. The S&P 500 Index dropped nearly 7%, including dividends. Granted, the index still had a positive return for the year after the decline, but October wiped out nearly all the gains the index had posted for the year up to then. Given the increasing […]

Oil Rebound Fizzles Amid OPEC Uncertainty, RSI Stuck In Oversold Zone

Nov 19, 2018 Jeremy Parkinson Finance, No picture 0

Crude is back under pressure as there appears to be a rift between the Organization of the Petroleum Exporting Countries (OPEC) and its allies, and the current environment may continue to weigh on oil prices as the Relative Strength Index (RSI) struggles to recover from oversold territory. OIL REBOUND FIZZLES AMID OPEC UNCERTAINTY, RSI STUCK IN OVERSOLD ZONE […]

Fidelity’s Five Best Dividend ETFs

Nov 19, 2018 Jeremy Parkinson Finance, No picture 0

Fidelity MSCI Telecommunication Services ETF (FCOM ) Based on the MSCI USA IMI Telecommunication Services 25/50 Index, this fund seeks investments in the telecommunication services sector in the U.S. equity market. As of October 30, 2018, the fund had 97% of its $180 million assets distributed across just 21 individual holdings and 3% in cash. Because […]

Manufacturing Output Up For 5th Straight Month: 2 Fund Picks

Nov 19, 2018 Jeremy Parkinson Finance, No picture 0

Manufacturing output advanced for the fifth straight month in October, per data from the Federal Reserve. Despite a fall in vehicle production, manufacturing production rose and offset the fall in the utilities and mining output. This led to the headline industrial production number gaining over October. Given these positive trends, the addition of mutual funds […]