Author Archive: Jeremy Parkinson
Rampant Australian Dollar Needs A Reflective Time Out
Fundamental Australian Dollar Forecast: Neutral The Australian Dollar has had an astonishing run But interest-rate differentials and, arguably, economic performance still favor its US rival This could be the week when a little rethink sets in The Australian Dollar has rallied especially strongly against its generally beleaguered US counterpart in the past three weeks and […]
Recapping The Markets For The First Week Of January And The Job Numbers
Chris Temple is with us today to address the weaker job numbers. The other aspect of the data was higher hourly earnings which is more important. We also discuss the US equity rally that could be a carryover of the Santa Claus rally. Maybe we will see a natural correction in the markets around the […]
What’s Fueling The Rise Of The Altcoins?
Bitcoin grabbed the vast majority of cryptocurrency headlines in 2017. And when bitcoin, the original cryptocurrency, passed the $10,000 mark last year, something seemed to change in the minds of mainstream investors. Suddenly, bitcoin had arrived and deserved attention. CNBC began frequently covering crypto markets. The Wall Street Journal offered surprisingly positive coverage. John McAfee made an […]
Commodities: The Weekly Wrap
Audio Length: 00:12:30 Precious metals are off to a great start here in 2018: gold has been up for fourteen of the past fifteen days and silver had a strong 2017 as well. What’s the secret? Eric believes it’s dollar-related. “The U.S. dollar has been very, very weak. The economy is not really showing great […]
Investing Is Not A Zero-Sum Game
Ask the majority of people about investing and they will probably tell you that when the stock market rises, everyone wins and when it drops, everyone loses. But this isn’t the case. Investing in the stock market is not a zero-sum game. You have investors making money and losing money every single day, regardless of […]
Bitcoin: The End Of The Beginning
Bitcoin surged a mind-blowing 1,500% last year, leading many experts to call for “the end of bitcoin.” But this rally isn’t over yet. This isn’t the end; it’s only the end of the beginning for cryptocurrency markets. Everyone has heard of bitcoin. But few people own it. Even fewer understand it. That’s going to change […]
The Dow Is Above 25,000: There Is Just One Problem
Yesterday the Dow Jones crossed above 25,000 for the first time ever, making the trek from the previous millennial level of 24,000 in just 23 days: a record short interval of time. There was just one problem: retail investors refuse to get on board for the voyage. Ah yes, retail investors: long beloved on Wall Street because […]
U.S. Service Sector Growth Down In December: ETFs In Focus
The IHS Markit U.S. Services Business Activity Index reflected slower expansion in service activity in the United States, owing to slower increase in new business received by service providers. IHS Markit services PMI came up with a reading of 53.7 in December 2017 compared with 54.5 in November. This was the weakest reading since May […]
