Author Archive: Jeremy Parkinson
Cardano Foundation X account under attack, hackers spread misinformation about SEC lawsuit
Key Takeaways The Cardano Foundation tweeted that they had been served with a lawsuit by the SEC, which was soon identified as a false claim by hackers. Hackers also posted about a fake Cardano token on Solana. Share this article Cardano Foundation’s official X social media account has been under attack, with hackers posting false […]
Wealth – Money – Worth
Image Source: Pexels When an economy produces goods and services above and beyond the requisite, i.e., produces an abundance, it creates wealth. Ten-eleven thousand years ago, this wealth was likely food stored for winter, that rainy day, that dry season, … .Today, for some, this abundance/wealth might include assets such as fine houses, lifestyle, money, …; […]
EUR/USD Forecast Ahead Of ECB Decision And U.S. Inflation Data
Image Source: Unsplash The EUR/USD will be in the spotlight this week as the European Central Bank (ECB) delivers its interest rate decision. It will also be in focus as the US releases the upcoming consumer inflation data. It was trading at 1.0567, a few points below last week’s high of 1.0620. US inflation data ahead […]
Gold Boring; S&P Warning
First, this tease: the last time the S&P 500 reached (by our quant-crunching) such current duration of being extremely “textbook overbought”, the mighty Index fell …(drumroll)… -26%. More on that later.To Gold: on the heels of last week’s brief missive, here we go as promised with what otherwise would normally be our “month-end “graphics-rich edition, in this case right […]
Who’s Real Wage?
EJ Antoni writes: Today’s employment data showed further gains in earnings, but cumulative price increases have still far outpaced earnings growth over the last 4 years. According to the Household Budget Index, it’s even worse when just considering prices for things you have to buy, i.e., food, housing, etc. Once again, I cannot verify Dr. Antoni’s […]
Ethereum Price Breaks Above Massive Triangle – Next Target: $10,000
Image Source: Pixabay Recent price action has seen the Ethereum price breaking above the $4,000 price level again to drive euphoria among crypto investors, especially those awaiting the onset of an altcoin season. This price rally follows an unprecedented surge in Ethereum Spot ETF inflows, which hit a record $428 million on December 5 as investors continue to anticipate […]
2025 – Do Economic Indicators Support Bullish Outlooks?
Everybody Is Very BullishLast week, we discussed how speculation and leverage have returned in earnest to the market as investors rush to take on increasing levels of risk. With markets rising steadily all year, it is unsurprising to witness investors lulled into an elevated sense of complacency. Stocks, bitcoin, leveraged investments, and meme stocks are all […]
Q3 2024 U.S. Retail Scorecard
To date, 182 of the 194 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2024, representing 94% of the index. Of those companies that have reported their quarterly results, 62% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 34% reported earnings that fell below estimates. The Q3 […]
Some Patterns Of Long-Run Asset Returns
Image Source: Pexels In classes about personal finance, once of the best-known lessons is that investing in US stocks can have considerable short-term risk, but that over an extended period of time, a patient investor has been rewarded for that short-term risk with higher long-run returns. David Chambers, Elroy Dimson, Antti Ilmanen, and Paul Rintamäki discuss this pattern and […]
T BILL Carnage Begin: The First Sign Of Financial Collapse
Image source: Pixabay Wild week for a market that’s supposed to be boring and go unnoticed. For the second straight month, heavy buying in bills right ahead of the payroll report. Except, in this case, buyers went utterly crazy for the 8-week bill in one of the most incredible bill auctions. But what is all this […]
