Author Archive: Jeremy Parkinson
8 Questions To Ask Yourself Before Becoming A Full-Time Investor
“Am I ready to become a full time investor?” If you’ve broken into the real estate industry as a part time investor, chances are, you’ve asked yourself this question before. You may have a day job that provides a steady income and great benefits, but perhaps you’ve dabbled in real estate investing part time because […]
We’ve Spent 10 Years Looking For It – Now Pray We Don’t Find It
We got another taste of the old “good news is bad news” mindf*ck on Friday morning when a hotter-than-expected CPI print translated directly into this for markets: Of course by the end of the day, stocks shook it off, but the point there was that “good news is bad news” is at the heart of […]
The Course Of The Dollar
We tell our students not to read too much into the strength or weakness of a currency. However, the dollar’s trajectory since November 2016 is quite striking. Here is the trade weighted real value of the US dollar against a broad basket of currencies, through December 2017. Figure 1: Real value of US dollar against broad […]
Gold Miners’ Status Updated
After a positive year-end with the expected precious metals rally we noted on Dec. 31, in NFTRH 480: “With HUI dwelling just under the 195 resistance parameter, a pullback can come at any time. But there are enough other factors still in line to expect a resumed rally after any grind at resistance comes into […]
Here Comes The Debt Tsunami: Goldman Warns Treasury Issuance To More Than Double In 2019
During yesterday’s surprisingly candid remarks by Bill Dudley, the second most important person in the Federal Reserve – the organization that is responsible for the third consecutive and largest ever yet asset bubble in history – said that one risk he was increasingly worried about was, drumroll, elevated asset prices. Because, supposedly, the Fed has little to […]
The Dea(r)th Of Economic Momentum
For the fourth quarter as a whole, Chinese exports rose by just less than 10% year-over-year. That’s the highest quarterly rate in more than three years, up from 6.3% and 6.0% in Q2 2017 and Q3, respectively. That acceleration is, predictably, being celebrated as a meaningful leap in global economic fortunes. Instead, it highlights China’s […]
The Great Recession=A Blip
“The most massive financial crisis since the Great Depression.” How many times did we hear that? A savage mauling of worldwide markets, meant to humble and teach us. Uh-huh. Keep it in context, folks. Take a good, hard look at the entirety – – the whole thing – – of the global financial crisis. Use a […]
Food: What’s In Your Basket? How Fast Are Prices Rising?
The BLS says the CPI rose 2.1% in December from a year ago. Food rose 1.6%. I called the BLS and filled in some numbers. In CPI Up 0.1 Percent: How Much is the CPI Understated? I disputed the BLS’s year-over-year overall inflation figure of 2.1%, specifically citing housing and the cost of health insurance. I found […]
3 Top Thrivent Mutual Funds To Add To Your Portfolio
Thrivent Mutual Funds is part of Thrivent Financial and had more than $116 billion worth of assets under management as of December 2016. It serves at least 2 million customers and has more than 100 investment professionals. Moreover, it has invested in 23 actively managed mutual funds across a wide range of categories including equity, income […]
Stocks And Precious Metals Charts – Burning His Bridges In Front Of Him
Stocks were on a tear again today, finishing at new highs. The rally was sparked by renewed enthusiasm for the corporate tax cuts. JP Morgan suggested in its earning report this morning that it sees upside from the tax reform bill. Gold was also in rally mode, running up to the price resistance at 1340 […]
