Author Archive: Jeremy Parkinson
Doodles NFT collection teases potential token launch
Key Takeaways Doodles NFT collection’s floor price increased significantly following hints of a token launch. The potential token launch follows past collaborations with McDonald’s, Adidas, and Crocs, expanding Doodles beyond the crypto space. Share this article Doodles founder Burnt Toast has hinted at a potential token launch for the NFT collection in a post on […]
Inflation Bites: The $38 Million Man
Image Source: Pixabay It’s easy to think of “inflation” as an abstract economic principle and forget that it has real impacts on real people.Federal Reserve Chairman Jerome Powell acknowledged the pain of price inflation during his press conference at the close of the December FOMC meeting. “We understand very well that prices went up by a great […]
Dow Back In Black After Historic Losing Streak
Stocks somewhat bounced back from yesterday’s meltdown, but the rally left a lot to be desired.The Dow snapped its historic 10-day losing streak with a triple-digit pop, while the S&P 500 and Nasdaq finished marginally lower at the bell despite trading higher for the entire day. Despite the gains, all three major indexes finished well off their […]
Canada And Recession
Notice that I don’t say in or out of recession. Nonetheless, with slow growth (and per capita growth negative), there’s plenty of discussion (e.g., here today). And Trump’s threats of tariffs — even if they don’t come through — could impart enough uncertainty to throw the country into recession.Q3 q/q growth was 1.5% (annualized). Here’s m/m GDP […]
Why Tariff Inflation, If It Comes, Won’t Be Just A Blip
Image source: Pixabay I am a Tariff Man,” declares President-elect Donald Trump. But wait! Won’t tariffs cause inflation? Yes, say the Wall Street Journal and other mainstream commentators. No, says Scott Bessent, the hedge fund manager that Trump has picked to be Treasury Secretary. At most, he thinks tariff inflation will at most be just a blip.Who is […]
FOMO’s Role In Driving Gold Prices
Image Source: Pixabay FOMO—the fear of missing out—might be the most powerful force in the markets.Price action is normally driven by fear and greed. Fear, of course, drives bear markets. Eventually, in a bear market, greed replaces fear and drives prices relentlessly higher. And sometimes, greed gives way to FOMO.At these times, we tend to see […]
U.S. Stocks Could See A Steeper Sell-Off In January
Image Source: Pexels The US stock market experienced a rather aggressive sell-off on Wednesday after the Federal Open Market Committee signalled less-than-expected rate cuts for 2025.Still, market research and insights firm Yardeni Research says the worst is yet to come.Experts at Yardeni Research warned clients of a steeper sell-off in January as investors opt to “take their […]
The Fed’s Big Lie (And What To Do Before 2025)
As widely expected, the Fed cut rates for the final time this year by 25 basis points this week. That brings its total rate cuts within the past four months to 100 basis points.In my best-selling book Collusion, I detailed how central banks collude to support the global banking system regardless of economic factors. This year […]
Market To Crash: Dividend Stocks, Energy Stocks, And Bonds
Image Source: Pexels In this video, I cover a ton of different views and outlooks on the markets, such as precious metals, energy, bonds, currencies, and more. I feel we are inching closer to all the markets crashing but the US dollar index.Video Length: 00:18:32More By This Author:The Danger Of Standardized Financial Strategies How To Ride […]
The BEA Revises Gross Domestic Product GDP Higher But Income GDI Lower
Today the Third Estimate of GDP from the BEA is an increase of 3.1 percent at an annualized quarterly rate. GDP The GDP estimate released today is based on more complete source data than were available for the “second” estimate issued last month. In the second estimate, the increase in real GDP was 2.8 percent. The update […]
