Author Archive: Jeremy Parkinson
3 Scenarios For The Upcoming $200 Billion US Tariffs On China
The US is set to impose massive tariffs on China in the first week of September. The move has significant consequences for the global economy and currencies. Here are three scenarios for the significant escalation and the potential forex reactions. The US imposed tariffs on $50 billion worth of Chinese imports so far. China has […]
This Bullish Reversal Pattern Could Be Good For Chinese Stocks
The hard-hit Chinese Hang Seng Index tested a big support level this month. Is this key Chinese stock market index ready to stage a rally here? Let’s take a look at today’s 2-pack of charts to see why the Hang Seng Index (and perhaps select emerging markets) could be primed for a rally. Hang Seng Monthly Chart Looking […]
Summertime Wanes While Bull Market Waxes
Trade tensions, moderating global growth, political drama, rising interest rates that boost borrowing costs, and a gripe with Turkey and others – all be damned! While these matters may pose risks, they haven’t collectively prevented key stock market indices from claiming new highs. Last week the Russell 2000 (small cap) index closed at new highs […]
Altria Rewards Shareholders With A Smoking Hot Dividend Increase
Altria Group, Inc. (MO), through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States. The company is a dividend champion, which has rewarded shareholders with a dividend increase for 48 years in a row. Altria raised its quarterly dividend by 14.30% to 80 cents/share. This was the second dividend increase this year, […]
When Diversification Doesn’t Spread Your Risk
The financial business lives to churn out products for mass consumption, and they are excellent at selling them to us. The trouble for buyers is that they tend to be different-wrapped packages of the same highly correlated securities, and so the appearance of diversity is one of form over content. While rising capital inflows tend […]
Chart: Two Relative Performance Trends You Should Be Paying Attention To
Here’s a couple of stand out charts from the Global Cross Asset Market Monitor. The first one is a look at value vs growth, and the key takeaway (if you haven’t noticed!) is growth stocks have been comfortably and almost consistently outperforming value stocks. This is something I’ve been doing a lot of work on, and […]
Don’t Worry About Trump; Worry About Earnings
If you’re concerned about President Trump’s influence on the stock market you’re concerned about the wrong thing. That’s not because political leaders – and their problems — don’t influence stock prices temporarily, but because if you own stocks you should own them for their long term earnings prospects (which is why retirees should have reduced […]
The Single Biggest Breakthrough In Oil Tech This Year
Utah holds the largest reserves of oil sands in the United States, but up until now, no company had the technology to exploit these vast resources. Despite the potential, “only a few companies are pursuing the price-sensitive and water-intensive development of the state’s oil shale and oil sand resources,” the EIA said in a 2017 report on […]
Continued Rally In The Dollar Will Be Bearish Nearly All Asset Classes
After a pretty strong rally this year, the US dollar has pulled back slightly from its mid-August highs, helping to release some of the pressure on gold, commodities, and emerging markets. Back in June, Felix Zulauf warned on our show that if the dollar rally continues, this represents a “deterioration of global liquidity” and is […]
Q2 GDP Second Estimate: Real GDP At 4.2%
The Second Estimate for Q2 GDP, to one decimal, came in at 4.2% (4.23% to two decimal places), an increase from 2.2% for the Q1 Third Estimate. Investing.com had a consensus of 4.0%. Here is the slightly abbreviated opening text from the Bureau of Economic Analysis news release: Real gross domestic product (GDP) increased at an […]
