Author Archive: Jeremy Parkinson
Fed Hikes & Raises Forward Guidance
Fed Raises Rates In A Hawkish Hike As expected, the Fed raised interest rates by 25 basis points. In my opinion, the hike was hawkish because the Fed was one vote away from switching its expectations to 4 hikes this year instead of 3. My expectations have been slightly more dovish than the street because […]
3 Tips To Avoid The Active Vs Passive Trap
As financial products evolve into increasingly automated and systematic strategies I have begun to notice a big problem – fund managers are increasingly referring to their strategies as “passive”. It’s clear why this is happening – a systematic strategy could arguably be referred to as a passive strategy and passive is synonymous with good. So […]
Why Big Tech Is Not As Flush As It Looks
Many have marveled at the massive amount of cash built up on the balance sheets of big tech companies in recent years. It’s truly astounding and almost incomprehensible. When you put together the assets of Apple, Microsoft, Cisco, Oracle and Intel the total recently surpassed a $1 trillion. (To put this astronomical number into perspective, […]
Ares Management Gains After Lawmakers Include Favorable Measure In Spending Bill
Shares of private equity giant Ares Management (ARES) are trading higher after the recent spending bill included provisions that private equity firms have been aggressively lobbying over. According to Bloomberg, private equity firms Apollo Global Management (APO) and Ares Management are set to benefit from a last minute measure added to the $1.3T spending […]
E Raymond James Upgrades Pandora Stock Two Notches, Bucking Recent Bearish Trend
Research firm Raymond James upgraded Internet music streaming company Pandora (P) two notches today to a Strong Buy from a Hold rating. The firm placed an $8 price target on the stock, well below the current price of Pandora stock of around $5.50 per share. According to Raymond James, the company’s acquisition of digital audio […]
Dive Into These ETFs And Stocks On World Water Day
Being the most essential element for life on earth, water needs to be conserved. This is because the gap between water demand and supply has been growing rapidly and the International Food Policy Research Institute expects it to rise to 40% over the next 15 years. Climate change, drought conditions, pollution, poor sanitation, an ever-expanding […]
Trump Launches $50bn In Tariffs, Says China Is “Out Of Control”
Supposedly it’s payback time. That’s what the Trump Administration says about a new round of tariffs. Following an intellectual property (IP) review, Trump Announces $50 billion in China Tariffs. The US plans to impose roughly $50 billion in tariffs on Chinese goods and limit the country’s investment activity in the US as payback for what it alleges is […]
USDJPY – Is The Bottom In?
Despite OECD leading interest rate, the dollar can’t get any respect. Nowhere is this more evident than in the USDJPY which continues to make yearly lows just as the interest differential is hitting decade-long highs. Part of the problem is the wave of risk aversion that has swept the market as fears of a trade […]
Remember Bear Stearns Because Another Financial Crisis Is Possible
iStock.com/ronniechua Another Financial Crisis Is Possible. In Fact, It’s Probable It was just about 10 years ago that a wildly overleveraged bank cracked. The bank was The Bear Stearns Companies, Inc. and its collapse marked the start of the 2008 financial crisis, which would then spawn the Great Recession. Bear Stearns had drunk a little too much […]
