Author Archive: Jeremy Parkinson
Economics 101: Who Sets Prices?
Since the advent of nineteenth-century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services in a modern economy are taken to include pensions, unemployment and disability benefits, healthcare and education. Most states […]
USD/CAD – Back To 1.2500? – Thursday, April 19
Yesterday’s dovish BOC statement send USD/CAD back above the 1.2600 figure — a move that no doubt pleased the Canadian monetary officials who want to see the value of the currency remain relatively low. But the rally could be short-lived if the data continues to surprise to the upside. Tommorrow the market will get a […]
Study: Breadth Suggests That The Stock Market’s Bottom Is Already In
Last week we demonstrated a momentum+breadth study which supported the medium term bullish case for the stock market. Now let’s look at the short term case for the stock market. Is the stock market’s EXACT bottom already in? The NYSE cumulative Advance-Decline Line (one of the best breadth indicators) just made a new all-time high yesterday […]
Stocks & Bonds Recouple – Now What?
Historically, when stocks have risen and decoupled from bonds, and bonds have then sold off to catch up to stocks; the recoupling has led to extended selling pressure in stocks. Will we see the same this time? Something else has shifted today: Tech is underperforming financials…
Novartis Beats Earnings And Revenue Estimates In Q1
Novartis AG (NVS – Free Report) reported encouraging results for first-quarter 2018 wherein both earnings and revenues beat estimates driven by strong performance of Cosentyx and Entresto. First-quarter 2018 core earnings of $1.28 per share beat the Zacks Consensus Estimate of $1.25 and were up from $1.13 recorded in the year-ago quarter. Novartis AG Price, Consensus and EPS […]
E Before You Invest, Ask Yourself These 3 Crucial Questions
DIY investing has become insanely popular the last little while, and for good reason. Investors are tired of paying their banks and mutual fund managers crazy fees. Fees that by the time you retire may be costing you hundreds of thousands of dollars, literally. So you decide to go on your own. It’s as simple […]
Philly Fed Prices Paid Index Jumps To 59, Up From 44
The Philly Fed prices paid index jumped in April. 59% of firms reported paying more for inputs, up from 44% in March. The April 2018 Philadelphia Fed Manufacturing Business Outlook Survey shows continued expansion but input prices are rising far faster than prices received for manufactured goods. I have not paid much attention to the regional Fed […]
U.S. Ethanol Policy Under Siege
Jerry Jung’s passion for reforming the nation’s ethanol laws started when he noticed that the monarch butterflies had vanished from his hobby farm north of Clare, Michigan. After doing a bit of research, he learned that the monarch population had plummeted in recent years. A key reason for the declining population is that large swaths of the […]
Conference Board Leading Economic Index: Slight Increase In March
The latest Conference Board Leading Economic Index (LEI) for March increased to 109.0 from 108.7 in February. The Coincident Economic Index (CEI) came in at 103.4, up from the previous month. The Conference Board LEI for the U.S. increased again in March. Positive contributions from the yield spread, the ISM® new orders index and expectations for business […]
3 Strong Buy Dimensional Mutual Funds For High Returns
Dimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants and financial advisors. With a workforce of more than 1200 employees, Dimensional Fund Advisor has 13 offices in nine different countries, including the United States. It invests in both domestic and foreign equities, fixed income securities, retirement income […]
