Author Archive: Jeremy Parkinson
5 Top Stocks To Buy As Americans Go On A Spending Spree
Americans have started to splurge on discretionary items after a ho-hum winter season. This is well reflected in the pickup in retailers’ March sales, putting an end to three straight months of a decline. Consumer outlays rose on the back of a strong jobs market, rise in income, tax cuts, and refunds. Consumer optimism, by […]
Is This The Long-Awaited Silver Short Squeeze, The Beginning Of The Next Bull Market, Or Both? Or, Sigh, Neither?
Silver’s popping today. Which is what people following the futures market action have been expecting for several months now. Speculators – usually wrong at big turning points and almost always at least slightly net long silver – have suddenly gone net short. This is almost unprecedented, and implies that a short squeeze – in which […]
By 2023, America Will Be In Worse Fiscal Shape Than Italy, Mozambique And Burundi
You all know that America’s fiscal situation is deteriorating rapidly, right? Sure you do. And you’re probably also aware that Larry Kudlow’s protestations notwithstanding, the CBO is likely correct to suggest that Trump’s tax cuts are going to be seen in hindsight as a catastrophic mistake from the perspective of fiscal rectitude. Here’s what Kudlow told state TV on […]
Global Debt Hits All-Time High
“At $164 trillion—equivalent to 225 percent of global GDP—global debt continues to hit new record highs almost a decade after the collapse of Lehman Brothers. Compared with the previous peak in 2009, the world is now 12 percent of GDP deeper in debt, reflecting a pickup in both public and nonfinancial private sector debt after […]
E Triangle On USD Index Points Lower
Hello, traders and welcome to our new 4h update about the USD index. On USD Index chart we can see a slow, and sideways price action, which in general resembles an Elliott wave triangle correction. A triangle correction is a more complex pattern, made by five legs and each of them has three minor waves. […]
Germany Recession Indicator Flashes Yellow (Median Possibility 32%)
The ECB will soon be in a bind as the European economy slows. Germany leads the slowdown. Gustav Horn, one of Germany’s most-experienced business-cycle analysts, says the Possibility of German Recession Increases Noticeably. The following snips are via Goggle translation from German. The uncertainty in the economy and especially in the financial markets, which was largely […]
Abbott Q1 Earnings & Revenues Top, ’18 View Retained
Abbott (ABT – Free Report) reported first-quarter 2018 adjusted earnings from continuing operations of 59 cents per share, beating the Zacks Consensus Estimate by a penny. The bottom line also improved 22.9% year over year and met the high end of the company’s guided range of 57-59 cents. Moreover, reported earnings in the quarter came in at 23 […]
Money For Nothing: The Importance Of Stocks Over Flows
Economists are fond of making a distinction between flow and stock concept, and woe to one who confuses the two. A flow is a variable measured over time, such a the budget deficit. A stock is an accumulation of flows and is measured at one time, such as the US government debt. Income is a flow, […]
