Author Archive: Jeremy Parkinson
Lisk (LSK) Market Cap Approaching $1B Again
While the consolidation among cryptocurrencies continues, Lisk, the cryptocurrency application that makes it easy for you to build your own blockchain, is approaching $1B market cap again. Ranking 22nd in terms of market capitalization, Lisk (LSK) was up 4.66% on Sunday, more than all the other altcoins that rank higher than it on the list. […]
Trade As A Zero Sum Game
The policies of the Trump Administration are being influenced by the view that international trade is a zero sum game, where whomever receives the most money is the winner at the expense of whomever receives the most goods. Under this line of thinking, which sometimes goes under the name “mercantilism”, policies are beneficial if they […]
Rockefellers Join Soros & Rothschilds In Cryptocurrency Investment Plans
Despite the collapse in cryptocurrency prices since the beginning of the year (bitcoin is down more than 60% and ethereum down more than 70% from their ATHs), more marquee investors have decided that now is the time to buy in. Last week, we noted that George Soros had taken some time out from his battle of wills […]
IPO Frenzy Coming To An End And Update On Global Market
IPO Frenzy Coming to an End The benchmark index has corrected 7.4% from its peak in January 2018. Mirroring the subdued market sentiments of the broader indices, IPOs too have not performed well. Of the eleven IPOs we have covered since the beginning of 2018, seven are in the red zone. The expensive valuation is […]
The Big Digital Banks: JPMorgan And Goldman Sachs
I was having a chat about Artificial Intelligence (AI) in banking the other day. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much. I know that systems like Erica, short for Bank of AmErica, are up and running to make life easier, but […]
Fresh Troubles For The Turkish Lira
The Turkish lira is in trouble again. Last week, USD/TRY hit an all-time high amid more dire headlines for the Turkish economy and the monetary policy of the Central Bank of the Republic of Turkey (CBRT). On April 3rd, Bloomberg reported the following issues: 7.4% GDP growth in 2017 is overheating the economy. Turkish companies […]
Book Review: Invested, By Danielle Town
Danielle Town’s “12-month plan to financial freedom,” Invested: How Warren Buffett and Charlie Munger Taught Me to Master My Mind, My Emotions, and My Money (William Morrow, 2018), written with help from her bestselling author father Phil Town, is much better than the search-tag-filled subtitle would lead one to believe. The setup is this: Danielle […]
4 Business Services Stocks That Outperformed In March
The business services sector is usually directly proportional to the broader economy, which is currently quite favorable. A rise in GDP, an improving employment scenario, inflation approaching 2%, easing of the U.S. dollar and momentum in oil prices are all signs of improvement in the U.S. economy, which in turn should boost the business service […]
Reaction To ‘The Alerian Problem’
Last week’s blog, The Alerian Problem, drew a bigger than average response. It led to a useful dialogue with sell-side analysts and investors. The shift from MLP to corporate ownership of energy infrastructure is becoming widely acknowledged. Since the FERC announcement in early March disallowing MLPs from including imputed tax expense in setting certain tariffs, […]
AUD/USD Forecast Apr. 9-13 – The Downtrend Channel Doesn’t Fail
The Australian dollar closed lower for the fourth week in a row but did not record new lows for a change. Is it ready to recover? A speech by Phillip Lowe is the main event in a busy week. Here are the highlights of the week and an updated technical analysis for AUD/USD. The Reserve Bank […]
