Author Archive: Jeremy Parkinson
Chart: DM Flash PMI Vs 10 Year Bond Yields
Another bond/macro chart, here’s the flash composite DM manufacturing PMI against the US 10 year bond yield. The composite DM flash PMI (we construct using Markit data and IMF GDP weights) dropped -0.5pts in August to a 14 month low of 54.2. Japan bucked the trend, up +0.2pts to 52.5, while the US dropped the […]
Coming Breakout: The Gold & Silver Setup Today Vs. 2008
While many investors still believe that gold and silver will crash along with the markets as they did in 2008, I think we may see quite the opposite. In this video update, I provide even more important information on why the gold and silver setup today is much different than it was in 2008. Also, […]
The British Pound Finally Finds Relief – But Can It Last?
Fundamental Forecast for GBP: Neutral BRITISH POUND TRENDS MOVE FROM FEAST TO FAMINE IN 2018 It’s been a rocky past four months for the British Pound. Coming into the month of April, the currency was flying high on the expectations of tighter policy and higher rates out of the Bank of England. This was largely […]
Powell Praises The Fed, Discusses The Stars (Literally), Defends Goldilocks
In Jackson Hole, Jerome Powell gave his first speech as Fed Chairman. It was little more than a defense of Fed policy. In the Jackson Hole Wyoming symposium, Jerome Powell discussed Monetary Policy in a Changing Economy. Here are some snips: Thank you for the opportunity to speak here today. Fifteen years ago, during the period […]
Ending Stock Buybacks Won’t Save The Economy
Here’s a whopper of an article: So. Much. Hyperbole. The basic gist of the article is that the US economy is struggling because of inequality, unstable employment, and sagging productivity. And if we eliminate stock buybacks then all will be right in the world. This is misleading at best and very wrong at worst. First, there’s […]
Papa John’s Rises After Reportedly Hiring Advisers To ‘Stabilize’ The Chain
Shares of Papa John’s (PZZA) are rising after Reuters reported that the pizza chain has hired financial advisers to help it find ways to “stabilize” the company. WHAT’S NEW: Papa John’s has tapped Bank of America and Lazard as financial advisers in an effort to find ways to “stabilize” the chain, which is currently under […]
It’s Not The End Of The World, But…
Whenever we post an article that has arguments suggesting a negative outlook based on recent trends and indicators, we receive criticism from readers who are very bullish on stocks and claim anything negative is doom and gloom. Coincidentally, content containing negative developments receives the most attention which is ironic, as if people actually want bad […]
DXY Index Threatens Key Break After Powell’s Jackson Hole Speech
The US Dollar (via the DXY Index) is closing in on its lows of the week established on Wednesday as traders are heading into the weekend disappointed by what they’ve heard so far at the Jackson Hole Economic Policy Symposium. As a result, the DXY Index may be poised to break trendline support going back to the […]
89 Firms Going Ex-dividend Next Week Including Johnson & Johnson, McDonald’s And Kellogg
There are several well known large cap stocks going ex-dividend next week including the following four Top 100 Dividend Stocks: Magna International, Fluor Corp, McDonald’s and Realty Income Corp. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its next dividend. Any stock ranked […]
