December 2023 - Page 132 of 232 -

Falling Energy Supply Is Bad News For Financial Assets

Dec 13, 2023 Jeremy Parkinson Finance 0

Photo by Martin Adams on Unsplash It was great chatting with Jesse from Commodity Culture on why the Energy Cliff will be BAD NEWS for financial assets. Unfortunately, the market doesn’t understand this as they continue to purchase a record amount of U.S. Treasuries and global bonds of all flavors.According to SIFMA Research, the Global Bond Market increased from […]

The Fed Makes It Official: Inflation Is Dead

Dec 13, 2023 Jeremy Parkinson Finance 0

Image source: Pixabay At the risk of making Inflation Watch a lot less relevant and topical, I am pointing out that today’s meeting of the Federal Reserve essentially spoke of a victory over inflation. The threat of inflation has been vanquished; inflation is dead. In place of hawkishness and monetary tightening now comes “consideration of a […]

Russell 2000 Surges On Positive Response To Fed

Dec 13, 2023 Jeremy Parkinson Finance 0

With the Fed signaling rate cuts for 2024, it was another good day for markets, with the Russell 2000 (IWM) cashing in on its resistance pressure with a 3%+ gain. In doing so, it easily surpassed the August swing high on higher volume accumulation. The Nasdaq had already posted solid gains, but it was able to […]

Gold And Silver Outlook For 2024

Dec 13, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay While 2023 has likely seemed like a volatile year for gold and silver investors (especially for those invested in the mining stocks) the gold price is on track to close in positive territory on the year, and silver is still about a dollar away from breaking even.Considering the Fed’s ‘higher for longer’ interest […]

This Indicator Is Not Yet Confirming Gold Rally

Dec 13, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold against the stock market remains weak and has a concerning technical setup. Gold must outperform the stock market to be in a real bull market as it was in the 1970s, 2000s, and briefly from 2018 to 2020.Gold can breakout amid rate cuts but if the economy is in a soft landing […]

Stocks And Precious Metals Charts – From Wall Street To The White House

Dec 13, 2023 Jeremy Parkinson Finance 0

From Wall Street to the White House, it’s all about serving the oligarchy, the 1 percent, while maintaing plausible deniability. The market came in broadly expecting a whipsaw, with the FOMC standing pat with dovish verbiage, and then Jay Powell coming in and raining on the parade with skeptical cautions.No way Zimbabwe Jay. However, it must be […]

Macro: PPI – PPI And Powell Fuel Rally

Dec 13, 2023 Jeremy Parkinson Finance 0

Image source: Pixabay PPI Goods = -1.5%PPI Services = 2.1%PPI FD = .9% PPI translation to the consumer:PPI FD Personal Consumption = 1.04%PPI FD Personal Consumption less Food and Energy = 2.2%PPI FD Personal Consumption less Food, Energy, and Trade Services = 2.9%PPI FD Personal Consumption less Food, Energy, and Distributive Services = 3.4% We continue […]

GDP Miss Hits Sterling,Suggesting BoE Cuts Ahead, Supporting Sentiment

Dec 13, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay On Wednesday, the FTSE 100 in the UK increased as the pound weakened following the release of data indicating a contraction in the UK economy in October, this increases the possibility of a recession and challenges the Bank of England’s resistance to indicating interest rate cuts. Meanwhile, the market is anticipating the rate […]

Fed Holds U.S. Interest Rates Steady, But With A Surprise Dovish Spin For 2024

Dec 13, 2023 Jeremy Parkinson Finance 0

The Federal Reserve has held the policy rate unchanged at 5.25-5.5% for the third consecutive meeting. They recognise the economy is slowing and that inflation pressures are easing and have pencilled in an extra rate cut in their own projections. While 75bp is less than markets priced ahead of time, it has emboldened expectations for big […]

Adobe Systems Q4 Earnings And Revenues Top Estimates

Dec 13, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Adobe Systems (ADBE – Free Report) came out with quarterly earnings of $4.27 per share, beating the Zacks Consensus Estimate of $4.13 per share. This compares to earnings of $3.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.39%. A quarter ago, it was […]