November 2023 - Page 150 of 244 -

US Treasury Yields Come Back Softer After Moody’s Cut Outlook, And The Dollar Rises To New Highs Against The Yen

Nov 13, 2023 Jeremy Parkinson Finance, No picture 0

The dollar is beginning the new week narrowly mixed against the G10 currencies. Sterling seems largely unaffected by the cabinet reshuffle that has seen former Prime Minister Camron return as the foreign minister, replacing Cleverly who replaces Home Secretary Braverman. The dollar rose to new highs for the year against the Japanese yen (~JPY151.85). The […]

US Futures Drop, Europe Gains Ahead Of Key CPI Data

Nov 13, 2023 Jeremy Parkinson Finance 0

After last week’s torrid rally, and following gains on 9 out of the past 10 days, US stocks are set for a lower open as traders turn cautious ahead of key U.S. CPI data later this week which will give cues on what the Fed could do next, while investors also assessed the risk of […]

Small-Cap Action Foresees Tough 2024

Nov 13, 2023 Jeremy Parkinson Finance 0

Small-caps continue to act tentative. It is a group of stocks with the most exposure to the domestic economy, and their performance runs counter to the nearly-consensus view that the economy will do just fine next year. Oddly enough, small-cap performance is in line with futures traders that expect the Federal Reserve to begin to […]

There Is Nvidia And Then Everything Else When It Comes To Valuation

Nov 13, 2023 Jeremy Parkinson Finance, No picture 0

We are approaching the one-year anniversary of ChaptGPT’s debut, the software that transformed the perception of artificial intelligence across the globe.UnsplashMany investors ask us about valuation and wonder if 2023 was indeed the “year of AI.” Has the near-term opportunity passed, and are the stocks now too expensive? We see the broad array of companies engaged in a differentiated set […]

Miners Show The Way – Not Only For Gold

Nov 13, 2023 Jeremy Parkinson Finance 0

Miners just plunged, and they did right after tricking the news-chasers. Fortunately, you knew what to focus on.You knew (at least, if you read my previous analyses) that the rally that was likely to follow the surprising employment numbers most likely already happened. It’s all about getting the right perspective on what’s happening instead of being pulled […]

Weekly Market Pulse: Dark Matter

Nov 13, 2023 Jeremy Parkinson Finance 0

It’s the residual of all the stuff we can’t explain. It’s not that our models are wrong, it’s the dark matter that’s out there. Fed Governor Neel Kashkari, referring to the “term premium” in long term Treasury yields The curious task of economics is to demonstrate to men how little they really know about what […]

Gold Commentary – Monday, November 13

Nov 13, 2023 Jeremy Parkinson Finance 0

Gold Under PressureGold prices are under pressure as we kick off the new week. The safe-haven was seen extending recent losses through the European open on Monday as hawkish Fed expectations once again take centre stage. Hawkish comments from several Fed members last week, including chairman Powell, have kept the prospect of further Fed rate […]

Globally Diversified Portfolios On Track For Solid 2023 Gain

Nov 13, 2023 Jeremy Parkinson Finance 0

On paper, the set-up sounds toxic. An ongoing war on Europe’s eastern border, a new conflict in the Middle East that could turn into a regional battle, and sharply higher interest rates to combat inflation. FreepikIt doesn’t sound like the conditions that are conducive to robust gains, but year-to-date results for global portfolios suggest otherwise.Despite an […]

Bitcoin And Ethereum: Bitcoin Hovers Around $37000

Nov 13, 2023 Jeremy Parkinson Finance 0

Bitcoin chart analysisOver the weekend, the price of Bitcoin moved in the $36800-$37400 range. Today, we continued in the same scenario, continuing the lateral consolidation. We saw support testing at $36,800 this morning and are now moving above the $37,000 level. We need a continuation of this consolidation in order to climb again and test […]

Investors, Businesses To Increase ESG Investment Despite Greenwashing Scrutiny & Political Pushback: Bloomberg Survey

Nov 13, 2023 Jeremy Parkinson Finance, No picture 0

The vast majority of senior investors and business executives are planning to increase ESG investment over the next 5 years, with each group anticipating a range of benefits from a greater ESG focus, including 90% of investors expecting enhanced returns, and executives seeing improved access to capital and corporate reputation, according to a new survey […]