Strategies For Generating Reliable Income During Retirement
Dec 19, 2024
Jeremy Parkinson
Finance
Image source: Pexels Creating a reliable income stream during retirement is essential to maintaining your lifestyle and achieving your financial goals. With longer lifespans and rising costs, having a clear plan for generating income is more important than ever. In this article, we’ll explore key retirement income strategies, including annuities, dividend-paying stocks, and bond ladders, and provide […]
Sensex Today Tanks 964 Points; Nifty Ends Below 24,000
Dec 19, 2024
Jeremy Parkinson
Finance
After starting the day on a negative note, the benchmarks dragged further as the session progressed and ended the day on a weak note.Benchmark equity indices BSE Sensex and NSE Nifty50 witnessed a sharp correction, settling down by over 1% each, tracking the decline on Wall Street following US Fed Chairman Jerome Powell’s hawkish commentary.At […]
The Fed Should Not Follow The Path Of The BoJ
Dec 19, 2024
Jeremy Parkinson
Finance
Image source: Wikipedia America and the Fed may not be able to follow the path the Bank of Japan forged over the years, and it should not. Cutting rates and buying long-term bonds to artificially keep rates low may not work when it comes to the US dollar. The big difference is that the dollar is […]
Sheer Panic Hawkish Uncertainty
Dec 19, 2024
Jeremy Parkinson
Finance
S&P 500 followed the path I foresaw ahead of FOMC – brief dip bought, and then positioning for a relief rally to continue. Hawkish cut delivered as called, the trouble was the dot plot being less generous than expected – only two cuts in 2025 is disappointing, less easy money is what will weigh down […]
Jobless Claims Improve, Q3 GDP Revised Higher, But Another Manufacturing Survey Collapses
Dec 19, 2024
Jeremy Parkinson
Finance
Quite a mixed bag this morning…On the good side, the final (3rd) read for Q3 GDP, US economic growth was revised up to 3.1% QoQ Annualized (from 2.8%)……with personal consumption also revised up to +3.7% (better than the 3.6% exp)…On the not bad side (sorry to break the analogy), jobless claims tumbled back to earth last week – after spiking the […]
EUR/USD Analysis: Future Of Parity After Recent Losses
Dec 19, 2024
Jeremy Parkinson
Finance
The EUR/USD pair has plummeted to a support level of 1.0343, the lowest for the currency pair since November 2022, before stabilizing around 1.0385 at the time of writing this analysis. The performance confirms the strength of the trading strategy that we recommended to our clients which was to sell EUR/USD from every upward level. […]
Fed Uncertainty, Inflation Back In Focus, Government Shutdown?
Dec 19, 2024
Jeremy Parkinson
Finance
Image Source: Pexels Following yesterday’s dramatic post-Fed policy meeting sell-off that pushed the S&P 500 even deeper into short-term oversold territory, futures point to a comparatively modest rebound when equity markets open later this morning. That late-day sell-off came even though the Fed delivered on market expectations for a 25-basis point rate cut and updated economic […]
ETH/USD Forecast: Ethereum Pulls Back Against FOMC Backdrop
Dec 19, 2024
Jeremy Parkinson
Finance
The Ethereum market pulled back rather significantly during the trading session on Wednesday, reaching the crucial $3600 level. The $3600 level of course is an area that has been important multiple times, so I think you’ve got a situation where traders will continue to look at this through the prism of a market that is […]
Jobless Claims: With A Dash Of Seasonality Salt, Trending Towards Weakness
Dec 19, 2024
Jeremy Parkinson
Finance
As expected, jobless claims declined from one week ago, as the delayed Thanksgiving week seasonality moved out of the numbers.Initial claims declined -22,000 to 220,000, while the four week moving average increased 1,250 to 225,500. With the typical one week delay, continuing claims declined -5,000 to 1.870 million:On the more important YoY basis, initial claims […]
Santa Rally Coming To Town?
Dec 19, 2024
Jeremy Parkinson
Finance
The Santa Rally, a period of strong stock market performance in the last part of December. It exists due to a combination of psychological, market, and technical factors. Investor optimism during the holiday season, combined with the conclusion of tax-loss harvesting and fund managers’ year-end “window dressing,” often boosts buying activity. Low trading volumes during […]