Author Archive: Jeremy Parkinson
GBP/USD Breaks To A Two-Month High On Brexit Bill Deal Hopes
A report about the British government accepting to pay a high Brexit divorce bill sent the pound higher. And now it is taking another leg up. Pound/dollar is already trading at 1.3415 1.3428, the highest in around two months. An outline of the Brexit divorce bill is much closer to the EU demands of 60 billion euros and further […]
Bitcoin Breaks Records As Sterling Rallies
Bitcoin broke the $10,000 mark on Tuesday night, posting over 900 percent gains this year so far, the largest gain of all asset classes, as growing institutional demand for cryptocurrencies of all types continues to propel the markets upward. As of 2:15 p.m. HK/SIN on Wednesday, bitcoin was trading at $10,486.63 according to Coinbase, falling back […]
Stocks To Trade: CBRE Group, Boeing, Owens Illinois
Wednesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long CBRE Group (CBG) Long Boeing (BA) Short Owens Illinois (OI)
EC Inflation (Expectations) Corroborate Risk, Which Corroborates Inflation
On Thursday, the Bureau of Economic Analysis (BEA) will report on Personal Consumption and Personal Income (as well as the difference between those two, the Personal Savings Rate). Accompanying the economic figures will be the usual estimates for consumer prices, in this case the Federal Reserve’s preferred inflation gauge the PCE Deflator. There isn’t expected […]
US HY Credit Spreads – A Strategic Analysis
In this video we look at US HY Credit Spreads and provide a strategic analysis, and comment on how to think about timing this asset class.Specifically, the video walks you through a couple of slides of a recent edition of the Weekly Macro Themes report. In the video we provide an overview of how US High […]
Market Cap For New Home Sales Spikes Up
Just two months ago, we asked if new home sales in the U.S. were topping out. Based on the just released data for October 2017, we can now say the answer to that question is “not quite yet”. The following animated chart, showing the history of the effective market cap of the new home sales market in the U.S. […]
Slightly Less Bearish On Multi-Line Retailers
If there’s one area of the market that investors couldn’t be more bearish on, it’s the multi-line retailers. With Amazon eating their lunch, consumers changing the way they spend money (choosing experiences over stuff), and an overall bloated retail footprint, multi-line retailers have faced a perfect storm and their stocks have reacted accordingly. With all […]
The GOP Tax Bill: Fuggedaboutit!
The GOP has become so politically desperate that they might as well enact a two-word statute and be done with it. It would simply read: Tax Bill! Actually, that’s not far from where they are in the great scheme of things. The Senate Finance Committee’s bill is a dog’s breakfast of K-Street/Wall Street pleasing tax cuts, narrowly focused revenue […]
The Hidden Riches Inside Your Cash Flow
Most people only have two bank accounts they utilize in their lives. Those two accounts are usually a checking and savings account. Your paycheck gets deposited into your checking account, you then pay bills and if there is anything left the balance goes into a savings account. According to Trading Economics, the national savings rate […]
