October 2023 - Page 13 of 71 -

Gold: All Quiet Before The Storm

Oct 30, 2023 Jeremy Parkinson Finance 0

FundamentalsIn summary, the past week has been relatively calm in the gold market, especially when compared to recent weeks characterized by high volatility. This calmness can be attributed in part to a subdued macroeconomic calendar and a stable economic landscape. Despite this period of reduced activity, gold has managed to maintain its recent gains rather than […]

5 ETFs At The Forefront Of Bitcoin’s Thrilling Ascent

Oct 30, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Bitcoin, the world’s largest cryptocurrency, is once again under the spotlight as it surges to heights not seen in a year. The digital currency soared to $35,000 last week, more than double the price seen at the start of 2023. This marks a remarkable ascent that reflects a high level of investor enthusiasm.The […]

People Are Paid More To Work Less. This Explains Job Shortages And Productivity

Oct 30, 2023 Jeremy Parkinson Finance 0

Hours worked and paid from Atlanta Fed, annotations by Mish During the Pandemic, Average Hours Rose. And Fell.The Atlanta Fed reports During the Pandemic, Average Hours Rose. And Fell. According to payroll survey Data from the US Bureau of Labor Statistics (BLS), average weekly hours per job rose during 2020 and 2021 and have since returned to […]

Year-To-Date Returns For Major Asset Classes Continue To Fade

Oct 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash A mixed run for markets last week offered a partial reprieve, but the trend profile still skews negative overall, based on a broad measure of the major asset classes via a set of ETFs.The Global Market Index (GMI) fell again in the trading week through Friday, Oct. 27, marking the fifth weekly decline in the […]

Weekly Market Pulse: Follow Buffett’s Rule

Oct 30, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. – Warren Buffett, October 16, 2008, Buy American. I Am. , New York Times That was a month after the bankruptcy filing of Lehman Brothers, in the teeth of the Great Financial Crisis. At the beginning […]

Happy Monday So Far, With A Busy Week To Follow

Oct 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash It’s Monday morning, and we’re higher. As we noted two weeks ago, that’s become a frequent occurrence. We broke a 15-week streak last week (of course, after we wrote about it), and noted that Mondays have closed higher 80% of the time this year, when 53% has been normal for all days and Mondays […]

Here Is What Wall St. Experts Are Saying About Pinterest Ahead Of Earnings

Oct 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Pinterest (PINS) is expected to announce third quarter results on Monday, October 30 after the market close, with a conference call scheduled for 4:30 pm EDT. What to watch for: GUIDANCE: In August, Pinterest forecast third quarter revenue growth in the high single digits and adjusted operating expense growth in the low single digits. Analysts previously […]

FTSE Starts The Week With Modest Gains Ahead Of Month End

Oct 30, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels On Monday the FTSE 100 saw a slight increase. This rise was primarily driven by gains in mining stocks, which are closely linked to the commodities market. The commodity-focused FTSE 100 experienced a gain of 0.85% during the trading session. Base metal prices witnessed an increase, with most of them rising, due to […]

Eurozone Economy Braces Itself For Prolonged Sluggishness

Oct 30, 2023 Jeremy Parkinson Finance 0

Economic sentiment dropped in October as the first countries reported somewhat better-than-expected GDP growth in the third quarter, making a technical recession in the second half of the year unlikely – but a decline in 4Q is a realistic prospect. Businesses report a slight tick-up in selling price expectations, but hard data still looks benign.Image Source: Pixabay The […]

S&P 500 Index Nears Important Long-Term Trend Support

Oct 30, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Stocks have come under pressure and concerns are beginning to mount.But rather than zooming in on the short-term, sometimes it’s good to zoom out and look at the long-term technical picture. And in today’s case, it may very well lead us to the short-term outcome as well!Below is a “monthly” chart of the S&P […]