Author Archive: Jeremy Parkinson
You Were Warned: MLP’s & “I Bought It For The Dividend”
In early 2016, I warned investors about the dangers of Master Limited Partnerships (MLP’s) and chasing dividend yields. To wit: “One of the big issues starting in 2016 will be the reversions of MLP’s. Many investors jumped into MLP’s believing them to be a ‘no-brainer’ investment for income with little or no price risk. As I have suggested many […]
E Taking A Long View
I am refusing to write about the latest bearishness of stock markets over fear of a trade war. China and Trump are both making big threats as a negotiating strategy. This will go on for months and we have to examine other parts of the stock market. Renaissance Research is recommending a global bank stock I […]
A Handy Guide To This Afternoon’s CBO Report
This afternoon we’ll get the Congressional Budget Office’s first look at the budgetary consequences of Donald Trump. That is, the CBO will release its 10-year budget outlook, which was delayed by a few months to allow enough time to assess recent legislation. Expect the media to respond in a variety of ways, including matter-of-fact reporting and editorials […]
Long, Lucid Thoughts On Money Management With Anthony Deden
This is a long one, but many enlightened observations in this clip, especially in the first hour or so. Always cathartic to hear someone call ‘bollocks’ on mainstream financial memes and explain why the focus must be on protecting and enabling savings to endure rather than ‘running money’ and ‘playing markets’. In his first-ever interview, […]
Chart Of The Week: Mexico ETF Allocations
This week it’s a look at ETF market share – which is basically another way of saying implied country allocations. There are a few standouts across the countries within emerging markets when you look at implied country allocations, but Mexico is a particular standout for a number of reasons. The chart comes from a report on […]
S&P 500 Struggle To Lift Off Of 200DMA – Short Put For Premium/To Position For Earnings Bounce
Presently, the state of US trade deficit and how the Trump administration is attempting to address it is front and center. In February, the deficit came in at $57.6 billion, with the 12-month total of $589.6 billion, which was the highest since March 2009 (Chart 1). China – a manufacturing hub – is a big […]
Goldman Asks Trump: Is It Really ‘Easy’ To ‘Win’ A Trade War?
President Dennison was up before dawn on Monday tweeting about Chinese cars. When a car is sent to the United States from China, there is a Tariff to be paid of 2 1/2%. When a car is sent to China from the United States, there is a Tariff to be paid of 25%. Does that […]
Using Cash Over Credit Is Costing You Tens Of Thousands Of Dollars
This is my second post during financial literacy month and I’m going to take on cash vs credit. One popular financial radio host, Dave Ramsey, has been a vocal critic of credit cards saying to never own one because you will spend more because it is plastic (strangely he advocates for debit cards instead). I […]
China Studying Yuan Devaluation As Retaliation To Trade War; CNH Slides
Last week, with the tit-for-tat Chinese trade war escalating following Trump’s threat to raise Chinese imports tariffs by another $100BN, we said that it is time to buy some Yuan puts, ahead of a potential Chinese devaluation. CNY puts looking real cheap right about now — zerohedge (@zerohedge) April 5, 2018 Overnight we got a […]
What It’s Like Working For The Richest Man In The World
Jeff Bezos started his company by shipping old books out of his garage. But today the founder, chairman, and CEO of Amazon.com is the wealthiest person in the world, with a net worth of approximately $118 billion. Over the course of last year he managed to leapfrog over Bill Gates with his $90 billion. But […]
