Author Archive: Jeremy Parkinson
Brexit Budget – Grim Outlook As UK Economy Downgraded
– Brexit budget – Grim outlook as UK economic forecasts downgrade – UK Chancellor uses housing market policy as smoke-screen for deteriorating economy – UK budget matters more than ever due to BREXIT risks – Policy on stamp duty will fail to aid worsening housing market – Real GDP expected to grow by just 1.5%, 40% […]
Bloodbath In China: Overnight Stock Collapse Blamed On Bond Fears, Liquor
Ok, well it wouldn’t be entirely inaccurate to say that things fell apart in China overnight. Just two days after surging nearly the most in three months, the CSI 300 fell the most since June of last year and the ChiNext plummeted 3% as well: That’s the lowest close since August 25 from the ChiNext: […]
Deere Price Target Raised To $170 From $150 At Wells Fargo
Wells Fargo analyst Andrew Casey raised his price target for Deere (DE) shares to $170 citing yesterday’s “strong” Q4 performance and above consensus fiscal 2018 outlook. Deere is poised to benefit from an improving farm equipment demand cycle, acquisition accretion and secular growth, Casey told investors last night in a post-earnings research note. He […]
European Fixed Income Trading Experiencing Calm Before The (Mifid 2) Storm
It was a little note in a Greenwich study that raised a fascinating topic for those interested in market structure. When evaluating causation of dwindling volume in European fixed-income electronic trading, the report mused out loud about the potential for the market to have reached its “natural limit.” Understanding this level, and recognizing how and […]
Europe Rebounds From Chinese Rout After Stellar PMIs; US Closed For Holiday
Nothing can keep the BTFD spirit at bay in Europe this Thanksgiving morning. Having started the session on the back-foot after the biggest Chinese stock market tumble in 17 months (the SHCOMP dropped -2.3%, most since June 2016) amid tighter liquidity conditions as a result of today’s Thanksgiving holiday in the US and attempts by regulators to […]
Asia Pacific Currencies Still Stymied By Their Own Central Banks
Asia Pacific currency majors spent much of 2017 overwhelmingly driven by the “USD” side of their respective currency pairs. 2018 will probably offer more of the same, at least in its early months. Part of this is due to the shifts in America’s political landscape engendered by Donald Trump’s 2016 ascent to the Oval Office. […]
FOMC Fears Pushes Gold Up, ECB Pressuring Euro
During yesterday’s FOMC meeting concerns were aired regarding growth of inflation, raising suspicions that they may keep interest rates unchanged until the end of the year. Although most analysts assumed that the US was poised for a third interest rate hike in 2017. This fear seemed to resonate into the markets causing gold to recover […]
3 Hot Stocks That Can Jump This Black Friday
Black Friday is one of the world’s largest shopping bonanzas. In 2016, shoppers spent $1.9 billion online on Thanksgiving Day and another $3.3 billion on Friday, according to Adobe. And this holiday looks set to be even bigger. Consumers plan to spend an average of $743 from Black Friday through Cyber Monday this year. This is up […]
Trends In The Distribution Of Household Income
from the Congressional Budget Office Using CBO’s new distributional framework and improved estimates of income from means-tested transfers, this presentation examines the distribution of household income and how means-tested transfers and federal taxes affect that distribution. The presentation shows cross-sectional results for 2013 and then examines trends in income, means-tested transfers, and federal taxes from […]
Hasbro Up 5.9% Since Earnings Report: Can It Continue?
A month has gone by since the last earnings report for Hasbro, Inc. (HAS – Free Report). Shares have added about 5.9% in that time frame, outperforming the market. Will the recent positive trend continue leading up to the stock’s next earnings release, or is it due for a pullback? Before we dive into how investors and analysts have […]
