Author Archive: Jeremy Parkinson
Sensex Opens Flat; Metal & Realty Stocks Lose
Asian stocks are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.99% while the Hang Seng is down 0.84%. The Shanghai Composite is trading down by 0.32%. Overnight, the US markets closed lower as market participants positioned to US Federal Reserve policy. Back home, India share markets opened the day on a flat note with a […]
S&P 500 And Nasdaq 100 Forecast – Tuesday, March 20
S&P 500 The S&P 500 has sold off rather drastically during trading on Monday, as the world awaits the Federal Reserve statement this week. If they sound like they are going to raise interest rates 4 times, that will be negative for the markets, and when you look at this chart, you can certainly see […]
China As Number One: The Relative Size Of The U.S. And Chinese Economies
Eswar Prasad makes the case in a NYT column that we should be paying attention to selection of Yi Gang to head China’s central bank as a result of China’s status as the world’s second-largest economy. Prasad is right about the importance of China’s central bank in the world economy, but it is worth noting that by […]
5 Better Tech Picks If You Don’t Like Facebook Now
Spooked by the data breach news, social media giant Facebook (FB – Free Report) was one of the worst-performing stocks on Wall Street in Monday’s trading session. This has sparked concerns over increased regulation for large tech companies, triggering a selloff in the hot and soaring technology corner of the broad stock market. Both the S&P technology […]
More Stuff, Lower Prices, So GDP Is Down: Productivity Is Better Than We Measure
Slow productivity growth is part of the subpar growth rates the United States has shown in recent years. But measurement problems are fooling us: People are better off than the statistics indicate. The economy is not about amassing money or gold, Adam Smith taught us. But neither is it really about gross domestic product. It’s about […]
$21 Trillion And Counting: Why This Time The Fiscal Wolf Is Really At The Door
That didn’t take long. The $20 trillion national debt marker was crossed on September 8th, but it only took another 186 days to vault over the $21 trillion level last Thursday. Then again, you haven’t seen nothin’ yet. The annual deficit will approach $1.2 trillion in the coming fiscal year; breach the $2.0 trillion market by the middle of the next decade at the […]
Why Stock Buybacks Must Be Ended
Trump and Republicans branded their huge corporate tax cut as a way to make American corporations more profitable so they’d invest in more and better jobs. But they’re buying back their stock instead. Now that the new corporate tax cut is pumping up profits, buybacks are on track to hit a record $800 billion this year. For […]
With Rollback, Dodd-Frank Is Now Officially A Dud
I often remind investors to look past the negative and find the positive. Last week provided no shortage of big splashy headline stories, from yet another high-profile personnel shakeup at the White House to a nail-biter special election in Pennsylvania’s 18th Congressional District, from Russia’s alleged nerve agent attack on a former double-agent spy to […]
Of GAIL Stake Buyout, Sandhar Technologies IPO, And Top Cues In Focus Today
Share markets in India closed on a negative note yesterday. Losses were seen across most sectors with stocks in the realty sector and stocks in the metal sector leading the losses. At the closing bell yesterday, the BSE Sensex stood lower by 253 points (down 0.8%) and the NSE Nifty closed down by 100 points […]
Cold To Linger Into April
Natural gas traders returned to the weekend with modestly colder forecasts than we ended last week with, though those forecasts were clearly dismissed as prices headed lower through the day Monday. It was not just the April contract but rather the entire strip that sold off, with later contracts recovering weakly into the settle (something […]
