Author Archive: Jeremy Parkinson
E How The Emerging Markets Troubles Are Transmitted Around The World
The IMF’s Managing Director, Christine Lagarde stated that “some emerging economies find themselves in precarious situations”, citing current account imbalances and a rising US dollar as the principal causes[1]. The trade imbalances are growing in significance, ranging from just under 2% of GDP ( India) to 6.5% (Turkey). Moreover, the intensifying trade war between China […]
These Numbers Could Push The Fed To Do Something Stupid
The Daily Treasury Statement data for the end of month August showed some improvement in total tax collections, including a slight uptick in withholding taxes and an even bigger increase in excise taxes. The numbers suggest that an early summer slowdown has ended. After the expected downward revisions in June and July jobs data, the […]
USD/JPY May Need To Test Key Moving Average Before Heading Higher
The USD/JPY is trading firmly in a consolidative range over the past few weeks. After having traded briefly below the key Y110 threshold in late August, the latest rally has been choppy and has stalled below Y112 numerous times now. This potentially highlights a 2-month falling trendline in both price-action and RSI, suggesting a re-test […]
Market Talk – Wednesday, Sept. 12
Another day and another loss for some core Asian markets as concerns continue to spread. Both Shanghai and the Hang Seng opened weaker but did manage to recover from the morning lows with even the occasional positive print. Both indices closed down around -0.3% placing them at nearly 14-month lows. The YTD decline for both […]
Pipeline Investors Fight Climate Change
Energy infrastructure is behind the world’s biggest CO2 reductions. Video Length: 00:02:44
Stocks And Precious Metals Charts – Rotating Resolutions – Where The Elite Meet To Cheat
“The narcissist divides society into two groups: the rich, great, and famous on the one hand and the common herd on the other. Narcissistic patients, according to Kernburg, ‘are afraid of not belonging to the company of the great, rich, and powerful, and of belonging instead to the ‘mediocre’, by which they mean the worthless […]
My Goodness, What Is Happening To Platinum?
You may have noticed the platinum price has fallen well below gold’s price and it continues to underperform the other precious metals. What is happening in the platinum market? We see a handful of factors driving the recent declines in platinum. For starters, it is facing the same challenges we find in the gold and […]
10Y Treasury Auction Shows Blistering Demand Despite Supply Deluge
Talk about a tight range: the August 10Y auction priced at 2.960%. Fast forward one month when moments ago the US Treasury sold $23 billion as part of this week’s bond sale deluge (there will be a combined $73BN of 3-, 10- and 30-year Treasury securities to be sold this week, the 2nd largest amount across said […]
S&P 500 Annualized Return
Ten years ago this week, Lehman Brothers filed for bankruptcy setting off a six-month run where US and global financial markets cratered. Given the six-months that followed Lehman’s demise, one could reasonably argue that anyone who bought US equities right before Lehman filed for bankruptcy made perhaps one of the worst timed investment decisions in market […]
