Author Archive: Jeremy Parkinson
USD/CAD Holds Narrow Range Ahead Of Bank Of Canada (BoC) Comments
CANADIAN DOLLAR TALKING POINTS USD/CAD holds a narrow range as Bank of Canada (BoC) Governor Stephen Poloz is slated to speak at the Greater Victoria Chamber of Commerce, and the fresh batch of central bank rhetoric may sway the near-term outlook for the dollar-loonie exchange rate as market participants weigh the outlook for monetary policy. USD/CAD HOLDS NARROW […]
Financial Economy Is Different Than The Real Economy
First up – sorry for the lack of posts recently. I have some excuses, but they aren’t good ones, so I will spare you the details. Even though lately I haven’t been following the markets as much as I would like, I can’t help but chirp in regarding market action. Recently, it has become popular […]
Global Container Throughput Index
Global trade is one of my favorite variables to track in gauging the state of the global economic cycle. It both reflects changes on the demand side, as well as flow-on effects on the supply side. So, of course, the RWI/ISL Global Container Throughput Index is something I pay due attention to, particularly as it is based […]
Harley To Shift Some Production Overseas: Harley And GE In Trump Crossfire
Trump seeks to bring jobs to the US via tariffs. It’s backfiring. In yet another example of the silliness of Trump’s trade policy, Harley-Davidson to Shift Production Overseas to Offset EU Tariffs. Harley-Davidson Inc. plans to shift production overseas to avoid European Union tariffs on its iconic motorcycles, the latest manufacturer to reconfigure operations amid a […]
Designated Roth Account (Roth 401k) Distributions
In a previous post, we discussed the general information surrounding Designated Roth Accounts (also known as a Roth 401k) – eligibility, tax treatment, and contributions. In this post, we’ll go over the nuances involved in distributions from a Designated Roth Account under a 401k. Distributions are a little different from most other retirement plans, as you’ll see… Required Minimum […]
Margin Debt And The Market – Monday, June 25
Note: The NYSE has suspended their NYSE Member Firm margin data as of December 2017. We have replaced our Margin Debt data with FINRA data, which includes data for all firms, not just NYSE member firms. The New York Stock Exchange previously published end-of-month data for margin debt on the NYX data website, including historical data going […]
Will Soybean Prices Recover When China Starts Buying American In The Autumn?
Typically, Chinese purchases of American soybeans picks up in the autumn, due to timing of harvests. If this is an important factor in the recovery of US soybean prices, one would expect futures for November delivery of soybeans would reflect that fact. As of today, they don’t. Figure 1: Soybean futures for November delivery, accessed as […]
China Poohs On Equities
I was just about totally out of hope that any down market could ever take place and yet Trump, inexplicably, is making enemies of our largest trading partner. Hey, works for me – – nuclear war, alien invasion, I’ll take ANY reason for a down-move. If Trump wants to wreck the economy, I say: cool! Of […]
5 Large-Cap Stocks Gaining More Than 40% Braving Trade Fears
Trump’s protectionist stance on trade led to sluggish trading on Wall Street. This is especially true, as a series of tariff talks between the United States and its other major allies are intensifying fears of a trade war and could even trigger a global recession. Tariff Talks Trade war fears surfaced in March when Trump […]
Trump Drives HOG Out Of U.S.
Because of President Trump’s trade tariff tantrums, Harley-Davidson (HOG) may be forced to build its motorcycles destined for the European market over in Europe, itself…thereby cannibalizing its American jobs in the process. Price has broken below several important support levels that I described in my post of March 2 and dropped over 6 % today…it sits just above major price support at 40.00, […]
