Author Archive: Jeremy Parkinson
If Rates Rise, What Happens To Stocks?
Following a chaotic end to 2017, the financial markets have somewhat settled over recent months. At least the cryptocurrency and precious metals markets. However there has been volatility in the stock market and signs of deterioration in real estate as well. So have we reached the end of this historic rally fueled by unprecedented amounts […]
US Dollar On Offensive Before Fed Rate Decision – Will It Last?
FUNDAMENTAL FORECAST FOR THE US DOLLAR: BULLISH US Dollar fell on in-line CPI data, then rallied into Fed meeting Pre-emptive gains hint markets worried tightening will accelerate Policy bets tellingly dwarfing news-flow from Washington DC A week marked by seesaw price action ended with a spirited push higher for the US Dollar. The rally was especially […]
Marko Kolanovic On BTFD, Trade Wars, ‘Clickbait’ And Trump Impeachment
Marko Kolanovic – a.k.a. “Gandalf”, a.k.a. the “half-man, half-God” – has a new note out and it’s great. For the past couple of years, Kolanovic’s research has been hijacked by the doomsday crowd as part of that crowd’s ongoing attempt to justify a bearish lean that has been perpetually and decisively wrong for a solid […]
Bitcoin Tumbles After Mt.Gox Trustee Denies Massive Sales Affected Prices
Having bounced out of the “mystery dip-buyer” zone below $8,000, Bitcoin is back below it this afternoon, erasing Friday’s spike. This move comes as “the man who crashed Bitcoin” denies it was his massive sales of Mt.Gox crypto assets caused the market’s demise. As CoinTelegraph’s Molly Jane Zuckerman reports, the trustee of Mt. Gox – a once major and now […]
Are U.S. Banks On The Verge Of A New Golden Era?
The massive changes that took place in the past year and those that are well underway could actually help the banking industry enter a new golden age. Thus, the prospects for bank stocks look bright. The key factors that could drive the industry’s growth are a new tax regime, a rising interest rate environment and […]
GBP: From Famine To Feast – BOE, Hard Data And Brexit
Talking Points: UK data releases include, Inflation, jobs and wages Bank of England MPC announcement EU Council meeting on the EU/UK transition period. Fundamental Forecast for GBP: Neutral While we remain neutral on Sterling at this current point, GBP may be in for a rocky ride next week with market moving data points including inflation, jobs and wages […]
Yet Another Chart That Screams “Look Out!”
So many patterns that have held for decades seem to have broken down, leading to one of two conclusions: Either this time really is different in ways that appear to violate what used to be seen as iron-clad laws of finance, or those laws have been bent but will reassert themselves with a vengeance sometime […]
Strong Manufacturing In February, But Weak Q1 GDP Likely
My favorite indicator for studying future economic growth is the ECRI weekly leading index. While the ISM reports told you growth was accelerating in the first two months of the year, the ECRI forecast growth would fall. Not only did it likely get the forecast right, it also told you this a few months before […]
Volatility Is A Two-Way Street
In many cases, whenever we think of volatility we think negatively. Try it yourself. Think of the word volatility and say it out loud. What thoughts, words, or images pop into your head? Bad news? Market losses? Losing money? The color red? The point is that we tend to give volatility a bad rap – […]
Global Markets Remain Mixed
Sentiments in the global financial markets remained mixed even as persistent worries about a global trade war, particularly between the US and China, kept Asian markets on the edge. The Chinese index was down 1.1% in the week gone by. Even the Indian equity markets were down 0.4% after the exit of a key ally from the […]
