Author Archive: Jeremy Parkinson
Yuan May Extend Gains On New Policies, China-France Summit Adds Uncertainties
Fundamental Forecast for CNH: Bullish Chinese regulators’ recent policy moves may support Yuan rates. China-France President summit could bring mixed impact to the Yuan. The risk of price bubbles could elevate and further constrain monetary easing. The offshore Chinese Yuan (CNH) closed at a one-and-half year high level against the U.S. Dollar on Friday; this is also the […]
Materials Stocks To Lead In 2018
Materials equities look ready to gain as inflation pressures build. The Candidate Pool 2017 Status P/E PEG (5 yr) PPB PPS Ecolab (ECL) Base 29.38 2.33 5.37 2.87 DowDupont (DWDP) Base 24.99 2.83 1.62 2.12 FMC Corp (FMC) Breakout 38.96 2.08 5.99 4.59 International Paper (IP) Base 19.86 1.48 4.87 1.06 PPG Industries (PPG) […]
Criminals Abandon Bitcoin As Privacy Weakens
While the establishment would like the world to believe that only criminal masterminds and people with something to hide would prefer the decentralized freedom of Bitcoin (as opposed to the ‘under government watch’ banking system that floats Washington’s boat), the truth is that the biggest cryptocurrency is considerably less ‘anonymous’ than is commonly exclaimed. In fact, as […]
EC Q4 Bank Earnings Will Be Messy & Noisy
Conventional wisdom tells us that the tax cuts will not only add to the economy’s growth trajectory but also be a boon for corporate earnings. Conventional wisdom would be correct in this respect, but we will have to jump through a few hurdles before we reach the ‘promised land’ and those hurdles will start showing […]
It’s Official: Emerging Markets New Major Bull Market In 2018 Is Now Confirmed
With the ultimate confirmation of the new secular bull market in emerging markets we are proud because we saw this coming more than a year ago. It is not too late though as the emerging markets new bull market which got confirmed in the first week of 2018 has much more upside potential. Let’s briefly go […]
Canadian Dollar: Record Low Unemployment Boosts The Bullish Case
Last week, I wrote about how economic data overrode the apparent desire of the Bank of Canada (BoC) to apply brakes to the strength of the Canadian dollar (FXC). Friday’s jobs report all but sealed the deal on the bullish case for the Canadian dollar and makes it more likely that the BoC will be forced to hike rates […]
The Bottom 90% Rely On Pension Funds
The stock market continued on its torrid pace in 2018 as it was up again on Thursday. The S&P 500 was up 0.4%. This is the third straight day with a record. The last time the S&P 500 started off the year with 3 straight records was 1964 (it did it 6 straight days). That was […]
Bitcoin Milestones: The World’s Fifth-Biggest Currency
Although 2018 is shaping up to be the year of the altcoin, especially XRP, better known as ripple, the market isn’t done with bitcoin. The bitcoin price broke through the $16,000 level on Friday as ripple coins continued to retreat. There were several major bitcoin milestones met in 2017, and although the winds of change were blowing […]
GBP: Positive Tailwinds Continue To Boost Sterling
Sterling/GBP Talking Points: Recent UK services PMI uptick points to stronger Q4 growth. A lull in Brexit news is helping underpin the British Pound. GBP/USD prices supported by positive client sentiment Fundamental Forecast for GBP: Bullish We remain buyers of Sterling, against both the US dollar and EUR, as recent economic data points to better growth prospects ahead, […]
