Author Archive: Jeremy Parkinson
The Dangerous Myth Of Deregulation Trump
Trump and his appointees are on a binge of deregulation that masks another kind of trickle-down economics, where the gains go to the top and the rest of us bear the risks and losses. They say getting rid of regulations frees up businesses to be more profitable. Maybe. But regulations also protect you and […]
FAANG-Avoiding Funds Just Had Their Worst Month Since 2009
For professional investors, August was the cruelest month. In the month when the S&P 500 cleared a new all time high, rising above 2,900 for the first time ever while setting a new record as for the longest “bull market”, hedge funds were dazed and confused by the market action, suffering another month of sharp […]
Can Colin Kaepernick Push Nike Stock To $200?
The Nike 30th Anniversary Just Do It, campaign has generated a lot of attention – both positive and negative. The Just do it Campaign will feature Colin Kaepernick, Serena Williams, Odell Beckham Jr and many more. Nike made Colin Kaepernick the leading figure in this campaign. The former San Francisco 49ers has been a controversial […]
Dallas, Denver, Seattle Help Tip U.S. Housing Economics Toward Renting Over Buying
Florida Atlantic University and Florida International University co-create a “buy versus rent” scoring system called the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index. Last month, this index crossed a critical threshold for the first time since 2010: U.S. households are once again better off renting than buying. This cross-over provides further confirmation of the worsening […]
Why Bitcoin Is Technically An Inflationary Currency – Even Though Its Purchasing Power Is Increasing
Inflation is commonly defined as “a general increase in prices and fall in the purchasing value of money.” For example, if a six-pack of beers cost $8 last year, but this year the same six-pack costs $16 then the annual inflation rate was 100 percent. This is because the price doubled for the same quality […]
US Dollar May Rise On CPI, Trade Wars And Emerging Markets Stress
US DOLLAR FUNDAMENTAL FORECAST: BULLISH US Dollar buoyed by upbeat economic data, safety-seeking demand CPI data echoing wage growth uptick may boost Fed outlook further Trade wars, emerging markets jitters might prolong risk aversion The US Dollar accelerated higher last week as market sentiment deteriorated and Fed rate hike expectations firmed, speaking to the greenback’s haven […]
Mexico Learns How To Play Trump’s “Let’s Make A Deal” Game
What happens when everyone reads the same book? Answer: They all do the same things. Reuters reports Mexico Wants Steel Dispute Ended Before New NAFTA Signed. Mexico wants to end to a tariff dispute over steel and aluminum with the United States prior to signing off on a reworked trade agreement with its northern neighbor, Mexican […]
Sentiment Diverges From Stock Action
MON Sector Strength – TUE Rates – WED Medium-Term – THU Commodities Currencies – FRI Sentiment – SAT Longer-Term The Longer-Term Outlook I am feeling very negative towards the stock market again, so it is good therapy for me to start with the most bullish chart to even out my mood. This chart below is clearly […]
AUD/USD Forecast Sept. 10-14 – Will It Challenge 0.70?
The Australian dollar extended its dive on concerns about new US tariffs on China and amid amid mixed data. The jobs report stands out in the upcoming week. Will the pair challenge the round 0.70 level? Here are the highlights of the week and an updated technical analysis for AUD/USD. While the US did not announce the immediate […]
Here Is Goldman’s ‘Cross Currents’ List For The S&P This Fall
Reconciling the myriad tailwinds supporting U.S. stocks near record highs and the laundry list of potential hurdles that have the potential to catalyze equity weakness on the way to making a decisive directional call is virtually impossible in the current environment due to the sheer number of embedded contingencies in the narrative. I’ve talked a […]
