Author Archive: Jeremy Parkinson
We’re Stumbling Into Another Stock Market Crash
iStock.com/Onypix Inflation Confuses Analysts and Raises Stock Market Crash Fears U.S. inflation is confusing analysts. Some data suggests that consumer spending is dropping. In other words, consumers are not confident. They’re either delaying or avoiding big-ticket purchases such as cars and large appliances or electronics as retail sales have dropped for three months in a […]
EUR/USD Technical Outlook: Price Sell-Off To Offer Opportunity
EURUSD reversed off near-term resistance this week and we’ve been tracking the pullback in price as the pair approaches interim support. Price has continued to trade within the weekly opening-range but we’re looking for a possible breakdown lower before resumption of the broader up-trend. EUR/USD DAILY PRICE CHART Technical Outlook: In this week’s EURUSD Technical Perspective I highlighted that, “Initial […]
Best Performing ETFs Of 9-Year Bull Run
Video Length: 00:08:05 The bull market turned nine years old on March 9. Its momentum has slowed down this year as stocks have struggled with rising rates, heightened volatility and trade was risks. Still, stocks have come a long way since bottoming out about nine years back, following a brutal sell-off in the aftermath of […]
La Jolla Pharmaceutical Company Announces Pricing Of Public Offering Of Common Stock
SAN DIEGO, March 15, 2018 (GLOBE NEWSWIRE) — La Jolla Pharmaceutical Company (Nasdaq:LJPC) (La Jolla), a leader in the development of innovative therapies intended to significantly improve outcomes in patients suffering from life-threatening diseases, today announced the pricing of its underwritten public offering of 3,400,000 shares of its common stock at a price to the […]
Import Prices Rise 0.4%, Exports 0.2%: Bond Yields Mostly Yawn
Those looking for a bit of inflation can point to import prices and a weak dollar, but the bond market barely reacted. U.S. import prices up 0.4% in February on higher nonfuel prices; export prices rise 0.2% according to the BLS report on Import and Export Prices. All Imports: The price index for U.S. imports rose […]
Multiple Jobholders: Over Two Decades Of Trends As Of February
What are the long-term trends for multiple jobholders in the US? The Bureau of Labor Statistics has two decades of historical data to enlighten us on that topic, courtesy of Table A-16 in the monthly Current Population Survey of households. At present, multiple jobholders account for just 5.2 percent of civilian employment. The survey captures data for […]
This Is Why U.S. Dollar Could Be Headed Much Lower, Not Up
iStock.com/Madmaxer U.S. Dollar to Drop on the Back of Higher Deficits Mark my words: the U.S. dollar could be heading much lower before it goes any higher… Just recently, newly appointed White House economic advisor Larry Kudlow said, “A great country needs a strong currency.” (Source: “Kudlow says he favors a strong dollar, has no reason […]
Bitcoin Leads Cryptocurrency Market Collapse
Written by Crypto Guru In just a matter of 24 hours, cryptocurrency markets with Bitcoin in the lead, saw a whopping $60 billion getting wiped off their values on Thursday. Nearly every cryptocurrency at the top of the pile was headed south. This major collapse was triggered by multiple factors including closer scrutiny of the space by regulators, […]
Why Boeing Stock BA Could Fall Further
Stocks in the U.S. declined on Wednesday after Donald Trump implied he wanted to impose new tariffs on China. Doing so could increase the costs and hurt overseas sales for U.S. manufacturers such as Boeing. A White House spokeswoman said that the president is pressing China to “reduce Beijing’s bilateral trade surplus by $100 billion.” After setting […]
UK Predicted To Become Slowest Growing Major Economy In 2018
The UK has been governed by the Conservative party since 2010; in coalition with the Liberal Democrats (2010-15) and in its own right 2015 to date). It presided over a period of austerity which it claimed was necessary to rebalance the economy in the wake of the Global Financial Crisis and the ensuing weak global […]
