Author Archive: Jeremy Parkinson
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, […]
ECRI Weekly Leading Index Update: YoY Down For 7th Week
Today’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 147.4, up 0.1 from the previous week. Year-over-year the four-week moving average of the indicator is now at 2.51%, down from 2.72% last week and its seventh consecutive decline. The WLI Growth indicator is now at 3.5, unchanged from […]
Week In Review: China Life Science Starts 2018 With $2 Billion Week
Perennial Real Estate Holdings (SGX: 40S), a Singapore company, announced a $1.2 billion joint venture that will acquire and develop healthcare centers in China (see story). It plans to concentrate on integrated mixed-use developments, centered around healthcare, that are connected to China high speed railway stations. Perennial is already building two such properties, one in Chengdu and the other in Xi’an. Its major partner in […]
Agriculture Stocks: Buy In 2018 Or Avoid?
Commodities are on the rise early 2018. Which commodities are a buy in 2018, which ones to avoid? Particularly, as agriculture stocks weren’t very hot last year, is it now a time to buy them? The short answer: yes, agriculture stocks are worth considering in 2018. We wrote about agriculture last year, and we are truly convinced that […]
Exuberance Marks Start Of 2018
Last week, we discussed the record-setting year of the market. Not only did the markets tie the most number of up years for any bull market in history, it also hit records for the longest streak without a 3% correction, lowest volatility, record margin debt and more. The exuberance that surrounded the markets going into […]
GBP/USD: Looking For 1.40 In Q1 On 2 Key Factors – ING
Where is GBP/USD going? It hasn’t been able to rally beyond the moves driven by the dollar’s weakness, but hasn’t fallen either. What’s next? Here is ING’s view, courtesy of eFXnews: ING FX Strategy Research discusses the GBP outlook, and thinks that sterling is likely to reach 1.40 in Q1 of 2018 as as UK economic […]
ETF Watchlist: Week Of January 8, 2018
The equity markets kicked off 2018 in much the same way they closed out 2017 – a slow, steady march upwards. The Dow, S&P 500 and Nasdaq all posted four straight days of gains to kick off the new year. In fact, that’s four new ALL-TIME HIGHS to kick off the new year too. A […]
