Author Archive: Jeremy Parkinson
U.S. Dollar Claws Back, EUR/USD Retraces Ahead Of Big Week Of US Data
U.S. DOLLAR SELL-OFF FINDS BOUNCE AT THREE-YEAR LOWS Last week saw another extension in the sell-off that started in the U.S. Dollar in the first week of last year. And while that trend remained rather smooth in southbound direction for the first nine months of 2017, a bit of support had started to show in Q4 as […]
PCE Price Index: December Headline & Core
The BEA’s Personal Income and Outlays report for December was published this morning by the Bureau of Economic Analysis. The latest Headline PCE price index was up 0.11% month-over-month (MoM) and is up 1.70% year-over-year (YoY). The latest Core PCE index (less Food and Energy) came in at 0.18% MoM and 1.52% YoY. Core PCE remains below […]
Thawed Out
Commodities are on fire as the economy in the U.S. leads the world in a commodity consuming growth period. Lumber surged to all-time highs and industrial metals are strong as manufacturing and factory growth around the globe is strong. Oil prices are pulling back after a rise in the rig count even though it’s making […]
The Fed Will Ignite The Next “Financial Crisis”
There seems to be a very large consensus the markets have entered into a “permanently high plateau,” or an era in which price corrections in asset prices have been effectively eliminated through fiscal and monetary policy. Partnering with this fairytale-like mindset is an overwhelming sense of complacency. Throughout the entire monetary ecosystem, there is a rising consensus […]
More New Record Highs, But Bull Market May Die On That Euphoria
The U.S. stock market indexes gained between 0.9% and 1.3% on Friday, extending their uptrend despite worse-than-expected advance GDP number release, as investors’ sentiment remained very bullish. The S&P 500 index has reached new record high at the level of 2,872.87. It broke above its Wednesday’s high of 2,852.97. The Dow Jones Industrial Average has […]
Will Defensive, Anti-Momentum Strategies Rise Up In 2018?
One of the more interesting things that happened in asset management in 2017 regarded factors. While the concept of factors associated with risk-adjusted outperformance has existed for decades, in 2017 investors saw the ability to allocate either to individual factors or to multifactor strategies enter the mainstream in a big way. Investors will likely continue to evaluate different factors […]
3 Best JP Morgan Mutual Funds To Consider
JPMorgan is one of the best financial management companies in the world. It has a legacy of investment management since 1865. Also, JPMorgan is the eighth-largest mutual fund firm in the United States and prides itself as the nation’s leader in equity fund flows. JPMorgan offers managed accounts and retirement products. The company pioneered the […]
E If Only The U.S. Administration Understood How The Balance Of Payments Works
U.S. international economic policy entered into a new aggressive phase last week. Initially, the Treasury Secretary, Steven Mnuchin, called for a weaker U.S. dollar as a major tool to reduce the U.S. trade deficit. Then, the U.S. Administration introduced new tariffs on solar panels and washing machines. U.S. Secretary of Commerce, Wilbur Ross, raised the […]
Merger Monday: Keurig Green Mountain Buys Dr Pepper Snapple
It’s Merger Monday time: Dr Pepper Snapple Group and Keurig Green Mountain announced that the two companies will merge to create Keurig Dr Pepper, “a new beverage company of scale with a portfolio of iconic consumer brands and unrivaled distribution capability to reach virtually every point-of-sale in North America.” The merger will combine such brands as […]
US Dollar-Rally Could Start Here After Rare Decline
The US Dollar has experienced a decline over the past 13-months that hasn’t happened many times in the past 10-years. Below looks at King Dollar’s performance over the past 13-months (upper left) at (1), reflecting that it has declined nearly 13% in that time frame. This large of a decline has taken place just three times in […]
