Emerging Markets: Week Of Aug. 27 Preview
Aug 26, 2018
Jeremy Parkinson
Finance, No picture
EM FX was whipsawed last week but ended on a firm note. We look past the noise and believe that the true signals for EM remain higher US interest rates and continued trade tensions, both of which are negative. Turkish markets reopen after a week off. Nothing fundamentally has changed there, and so it still […]
Rate Cut Cycles For Gold Stocks & Gold’s CoT
Aug 26, 2018
Jeremy Parkinson
Finance, No picture
S&P 500, DAX & FTSE Outlook Mixed For Week Ahead
Aug 26, 2018
Jeremy Parkinson
Finance, No picture
S&P 500, DAX & FTSE TALKING POINTS: A few ‘high’ impact data points on the calendar; S&P 500 looking higher Employment and inflation data; DAX trying to recoup broken LT trend-line Light data docket; FTSE choppy, difficult to get a handle on S&P 500 This past week the FOMC minutes revealed little to move markets on Wednesday, and on Friday Fed Chair […]
Why Doesn’t The SEC Like Bitcoin ETFs?
Aug 26, 2018
Jeremy Parkinson
Finance, No picture
Each week, we answer questions we think will help you learn about investing in pre-IPO startups and cryptocurrencies. Here, Early Investing co-founders Adam Sharp and Andrew Gordon explain why the SEC has a problem with bitcoin ETFs. Early Investing Co-Founder Andy Gordon Q: ETFs have been around for a long time. What problems could the SEC […]
Trump Doesn’t Really Want Free Trade (He Just Wants To Make It Look That Way)
Aug 26, 2018
Jeremy Parkinson
Finance, No picture
The US wants tariffs on trucks, the EU wants tariffs on agriculture. Hypocrites all. Trump claims to be a free trader who wants to eliminate tariffs altogether as well as industry subsidies and non-tariff trade barriers across countries. He proposes higher tariffs to eliminate them. ….Tariffs will make our country much richer than it is […]
Did Gold Hit Bottom On August 15?
Aug 26, 2018
Jeremy Parkinson
Finance, No picture
Closing the week only -3.10% from its last BEV Zero, the Dow Jones is progressing towards a new all-time high in its BEV chart below as it cleared the -3.43% from late February (Red Circle). Only 3.10% from a new all-time high and as much time as it needs to do it. But if it […]
Weekly Forex Forecast – Sunday, August 26
Aug 26, 2018
Jeremy Parkinson
Finance
EUR/USD The Euro rallied significantly during the week, reaching towards the 1.16 level rather stringently. We are now starting to deal with a bit of short-term resistance, but I think at this point short-term pullbacks will be buying opportunities as a market has reentered the previous consolidation area. If that’s the case, I anticipate that […]
“If I Ever Got Impeached, I Think The Market Would Crash”
Aug 26, 2018
Jeremy Parkinson
Finance, No picture
For starters this is not a political post (despite the title). This is a factual post. For kortsessions followers this will not be new news, but I think a refresher may be in order. The reasons are two-fold: the media is beginning to chirp about the market being affected by the president’s deepening legal woes as a […]
US, Mexico May Announce NAFTA Deal As Soon As Monday
Aug 26, 2018
Jeremy Parkinson
Finance
As discussed yesterday, a key outstanding question over the future of global trade may be about to get an answer: after five weeks of negotiations on trade issues between the administrations of Trump and Enrique Pena Nieto, the U.S. and Mexico are close to resolving bilateral differences on NAFTA and may wrap up as soon as […]
Broken Markets Can Produce Big Moves
Aug 26, 2018
Jeremy Parkinson
Finance, No picture