Author Archive: Jeremy Parkinson
Vulnerable To Disappointment
There is an eerie calm in the markets ahead of the highlight for the day and week. The central banks of the eurozone, UK, and Turkey hold policy meetings, and the US reports August CPI. The greenback is a mostly firmer, with the Australian dollar as the notable exception. On the one hand, we would note that is […]
Mideast, US Still Leading World Regional Equity Returns This Year
Stock markets in the Middle East continue to hold a modest edge over US equities in the year-to-date horse race for regional stock-market performances. The gap is closing, however, in favor of American shares after a bout of weakness in Middle Eastern prices, based on a set of exchange-traded funds. WisdomTree Middle East Dividend (GULF) […]
Pivotal Research Upgrades Snap To Hold Following Recent Selloff
Pivotal Research analyst Brian Wieser upgraded Snap (SNAP) to Hold from Sell with an unchanged price target of $9. The stock closed yesterday down 7%, or 69c, to $9.20. Risks are still present, especially in the near-term, but current trading levels balance those risks with the company’ long-term potential, Wieser tells investors in a research […]
Global Stocks Rise Ahead Of Central Bank Barrage, Inflation Data
Global trade was front and center again, after the Trump administration proposed another round of trade talks with Beijing before slapping China with $200BN in tariffs in the absence of key concessions from Beijing, while traders were on edge ahead of a slew of central bank announcements and critical CPI data in the US. One […]
Farfetched
Sometimes the title of an IPO note writes itself! FarFetch ($FTCH) is another online platform for “luxury goods” is preparing to test the IPO market this week. It’s a quality deal so it’ll get done. The question is what is the long-term potential for a company that provides online merchandising and sales. There’s been major […]
WTI Crude Oil And Natural Gas Forecast – Thursday, Sept. 13
WTI Crude Oil The WTI Crude Oil market gapped higher at the open on Wednesday, and then shot straight up after the inventory numbers proved that 5 million barrels have been taken out of storage for the previous week in the United States. This was five times larger than the expected 1 million barrel level, […]
Visualizing The U.S. Cumulative Distribution Of Income In 2018
The U.S. Census Bureau has published its annual report on Income and Poverty in the United States, which we’ve used to visualize the cumulative distribution of income for U.S. individuals, families and households in the following animated chart. The cumulative income data applies for the 2017 calendar year – if you’re looking for income data for […]
EURUSD: The Euro Strengthened Ahead Of The ECB Meeting
Previous: On Wednesday the 12th of September, trading on the euro closed up. The dollar was under pressure amid the strengthening of the Canadian dollar. Market participants reacted to officials’ sentiment regarding the imminent conclusion of a new trilateral NAFTA free trade agreement between the US, Canada, and Mexico. In addition, US President Donald Trump said […]
A Submerging Global Economy
Many emerging markets are now turning to submerging markets as country after country is experiencing falling economies, currencies and stock markets. The currency is often the best indication of a country’s economic health. Just look at these six currencies submerging into obscurity: CURRENCY CONTAGION IS SPREADING But these are just some of the worst ones. […]
Compass Minerals Sources Salts Of The Earth
Today I’m reviewing a mid-cap industrial metals and minerals firm named Compass Minerals International, Inc. It’s trading ticker symbol is CMP. Compass Minerals International Inc is associated with the mining industry. It produces minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. It serves customers in the United States, Canada, Brazil, and the […]
