Author Archive: Jeremy Parkinson
Will Facebook Finally Break Through $200?
Introduction: Facebook (FB) is on tap to report Q4 FY2017 earnings along with its full-year FY2017 numbers. Facebook recently breached the $189 level as earnings approach however recently sold off from these highs following news that Facebook would overhaul its news feed in favor of “meaningful social interactions” verses “relevant content”. I think this news […]
GBP/USD Dips Under 1.40 Amid Growing Brexit Chatter
The pound remains under pressure. GBP/USD is already over 300 pips below the peak of 1.4345 that was seen last week. Sterling was the big winner last week, taking full advantage of the US dollar weakness, and now it is one of the biggest losers. Update: the pressure mounted and GBP/USD fell below the round […]
How To Surpass The Middle-Income Trap
China will surpass the middle-income trap by continuing to implement structural reforms and focusing on economic development. The lesson to other emerging economies is to distinguish good growth policies from self-serving agendas in the advanced West. According to the World Bank, high-income economies ($12,236 or more) include the US, Western Europe, and Japan, while upper […]
Ripple The Company, And XRP The Coin: Overview
Ripple the company was launched a few years ago with the goal of being a cryptocurrency built for enterprise and banking use. They offer banks a software called Ripple Connect which uses InterLedger Protocol (ILP) to transfer money between banks with a minimal fee. Ripple’s digital token, XRP, is a cryptocurrency that exists outside of Ripple Connect. It is high […]
Blackstone To Buy Thomson Reuters’ TRI Unit
American multinational private equity firm Blackstone Group LP (BX) is in advanced talks to purchase about 55 percent stake in the Financial and Risk Business of Thomson Reuters Corp (TRI) for over $17 billion, sources familiar with the matter said. The financial media said on Monday that “it is in advanced discussions with Blackstone regarding […]
Now Comes The Boondoggle – Why Infrastructure Won’t MAGA
America’s economy is faltering not from too little infrastructure spending, but from too much debt—-$67 trillion of total public and private debt, to be exact. So it appears that the bond vigilantes are returning from 24 years of hibernation just in the nick of time to put the kibosh on the Trumpite/GOP’s latest hare-brained scheme to […]
January Regional Fed Manufacturing Overview
Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a representative for the larger national manufacturing health. They have been used as a signal for business uncertainty and […]
Monetary Policy Rate Uncertainty Predicts Higher Equity Volatility
What are the research questions? Financial theory asserts a clear link between the risk-free interest rate and the pricing of equity securities, regardless of the time horizon. Therefore, the market’s opinion about the uncertainty of rates should improve models forecasting equity volatility in the short and long run. This article asks one basic question: Do […]
U.S. GDP Up But Savings Rates Are Down
Recently economic growth has continued but it has been slow. When we look at the US we are seeing decent GDP but savings are diminishing. John Rubino shares his insights on the increased debt in our system and how the US is only going further down the debt hole. (Audio length 00:11:48)
Of Rising Stock Markets, Economic Survey, And Top Cues In Focus Today
Share markets in India closed on a strong note yesterday. At the closing bell yesterday, the BSE Sensex stood higher by 233 points (up 0.7%) and the NSE Nifty closed up by 61 points (up 0.6%). Losses were however seen for mid-cap and small-cap stocks. The BSE Mid Cap index ended the day down by […]
