Author Archive: Jeremy Parkinson
Ares Management Gains After Lawmakers Include Favorable Measure In Spending Bill
Shares of private equity giant Ares Management (ARES) are trading higher after the recent spending bill included provisions that private equity firms have been aggressively lobbying over. According to Bloomberg, private equity firms Apollo Global Management (APO) and Ares Management are set to benefit from a last minute measure added to the $1.3T spending […]
E Raymond James Upgrades Pandora Stock Two Notches, Bucking Recent Bearish Trend
Research firm Raymond James upgraded Internet music streaming company Pandora (P) two notches today to a Strong Buy from a Hold rating. The firm placed an $8 price target on the stock, well below the current price of Pandora stock of around $5.50 per share. According to Raymond James, the company’s acquisition of digital audio […]
Dive Into These ETFs And Stocks On World Water Day
Being the most essential element for life on earth, water needs to be conserved. This is because the gap between water demand and supply has been growing rapidly and the International Food Policy Research Institute expects it to rise to 40% over the next 15 years. Climate change, drought conditions, pollution, poor sanitation, an ever-expanding […]
Trump Launches $50bn In Tariffs, Says China Is “Out Of Control”
Supposedly it’s payback time. That’s what the Trump Administration says about a new round of tariffs. Following an intellectual property (IP) review, Trump Announces $50 billion in China Tariffs. The US plans to impose roughly $50 billion in tariffs on Chinese goods and limit the country’s investment activity in the US as payback for what it alleges is […]
USDJPY – Is The Bottom In?
Despite OECD leading interest rate, the dollar can’t get any respect. Nowhere is this more evident than in the USDJPY which continues to make yearly lows just as the interest differential is hitting decade-long highs. Part of the problem is the wave of risk aversion that has swept the market as fears of a trade […]
Remember Bear Stearns Because Another Financial Crisis Is Possible
iStock.com/ronniechua Another Financial Crisis Is Possible. In Fact, It’s Probable It was just about 10 years ago that a wildly overleveraged bank cracked. The bank was The Bear Stearns Companies, Inc. and its collapse marked the start of the 2008 financial crisis, which would then spawn the Great Recession. Bear Stearns had drunk a little too much […]
Study: A Strong Economy And Weak Stock Market Is Bullish For Stocks
The stock market and economy move in sync over the long run. When the stock market deviates from the economy, it inevitably realigns itself with the economy’s direction within a few months. The U.S. stock market’s correction in February 2018 was accompanied by a growing economy. This implies that the current “small correction” will not turn […]
Whole Foods Execs Flee After Amazon Takeover
The workplace culture at Amazon is famous for long hours, internecine squabbling and a ruthless emphasis on finishing projects on time, regardless of whatever complicating circumstances might arise (which is why it is perfect workplace for robots). At least that’s what the New York Times claimed in a series about the company’s workplace culture published a couple years […]
Momentum Everywhere, Including In Factors
Momentum is the tendency for assets that have performed well (poorly) in the recent past to continue to perform well (poorly) in the future, at least for a short period of time. In 1997, Mark Carhart, in his study, “On Persistence in Mutual Fund Performance,” was the first to use momentum, together with the three […]
