October 2024 - Page 31 of 136 -

The Federal Reserve And The Regime Are One And The Same

Oct 15, 2024 Jeremy Parkinson Finance 0

Image source: Wikipedia For decades, the US Federal Reserve has carefully cultivated and promoted the idea that it is somehow separate and independent from the US regime that created it. The ruse has certainly worked. Economists and media pundits frequently refer to this alleged Fed “independence” as if it were a given, and as if there were […]

Stagflation Odds Jump In Latest NY Fed Survey As Inflation Expectations Rise

Oct 15, 2024 Jeremy Parkinson Finance 0

In recent weeks, we have discussed on multiple occasions (here, here and here) how in his desire to get Kamala Harris re-elected by rushing out a jumbo cut before November 5, Fed president Jerome Powell may have triggered the second coming of the Arthur Burns “galloping inflation” Fed, and sure enough recent inflationary prints have certainly raised the […]

Eurozone Industrial Production Surged In August

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Finally a strong number out of eurozone industry. The production boost was driven by Germany, which saw production increase by 3.3% in August, erasing losses from the 3.3% decline in July. France and the Netherlands also experienced fast growth at 1.4 and 2.2% month-on-month. This mid-quarter growth spurt will be helpful in supporting […]

Q4 2024 Outlook: Let’s Get Real

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash In our last quarterly client letter, “Winter (Rate Cuts) Is Coming,” we argued that the labor market and economy had sufficiently cooled, prompting the Federal Reserve to consider cutting interest rates for the first time in more than four years, especially as inflation began to ease. At that time, we maintained a neutral […]

Goldman Sachs Stock Drops Despite 54% Earnings Jump: Time To Buy?

Oct 15, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Goldman Sachs (NYSE: GS) reported healthy third quarter earnings Tuesday, led by significant gains in investment banking.In the third quarter, revenue jumped 7% year over year to $12.7 billion, which was substantially higher than the $11.8 billion that had been estimated by Wall Street analysts.Net income rose a whopping 45% to $2.99 billion, while earnings […]

Big Banks Have Reported Q3 Earnings: What’s Next For Their Stock Prices?

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Shares of major US banks have shown resilience after reporting their third-quarter financial results, and this momentum may continue through the end of the year and into 2025, according to Anton Schutz, President and Chief Investment Officer of Mendon Capital Advisors.Schutz sees further upside for bank stocks, particularly as they historically perform better […]

Next Test For China

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Chinese stocks have clearly dared to glance at a tiny bit of reality, as the absurd burst from weeks above has partly dissipated.The next key test for the Hang Seng is the price gap at 19954.06. Break it, and bears will continue to smash the vases in the gift shop. More By This Author:Ratio […]

Some Necessary Long-Term Perspective

Oct 15, 2024 Jeremy Parkinson Finance 0

It’s all too easy to get caught up in the moment, especially if one is an active trader. In an environment where many of us utilize momentum-based or trend-following strategies, often via short-dated options, it can be sobering to examine long-term trends and examine current statistics vis-à-vis historical readings.First, we will take a look at the […]

Is The Inflation Monster Still Hiding Under The Bed?

Oct 15, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The so-called grownups tell us everything is fine. The inflation monster is gone now.Or is it?Sure, most people don’t believe it’s there, but I think the inflation monster is hiding under the bed. The adults in the room say it’s not there. But kiddos, there are signs — if you look close enough.The […]

The Trinity Trade Explained

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Last week, I sent over a letter asking if you were ready for the New Economic Era. I asked you to drop me a note if you were interested, and a fair number of you found your way into my inbox.But since I feel so strongly about this emerging “Trinity Trade,” I wanted to […]