Author Archive: Jeremy Parkinson
Dividend Champion Portfolio November Update
The High Yield Dividend Champion Portfolio is a publicly tracked stock portfolio on Scott’s Investments. Its goal is to capture quality high yield stocks with a history of raising dividends. The screening process for this portfolio starts with the “Dividend Champions” as compiled by DRIP Investing. The list is comprised of stocks that have increased their dividend payout for […]
EUR/USD: Trading To Close At Around 1.1620
Previous: On Thursday the 9th of November, trading on the euro/dollar pair closed up. The trend line was broken through as I expected. After breaking the resistance zone around 1.1606, the euro jumped to 1.1655. The US dollar came under pressure from the fact that the new tax reform legislation proposed by the Senate includes deferring […]
Retail Apocalypse? Deflationary Collapse?
Through the third quarter, 6,752 locations were scheduled to shutter in the US according to the International Council of Shopping Centers. That’s more than double the 2016 total and is close to surpassing the all-time high of 6,900 in 2008, during the depths of the financial crisis. Bloomberg writers Matt Townsend, Jenny Surane, Emma Orr […]
UK Data Beats Expectations – GBP Rises
Better than expected numbers on all fronts. The UK trade balance deficit squeezes to 11.253 from a downward revised 12.35 billion. Manufacturing production is up 0.7% m/m and 2.7% y/y. Industrial output is also up 0.7% m/m on top of an upwards revision and 2.5% y/y. GBP/USD, which was sleepy ahead of the publication, is […]
Digital Democratization
I was in a conversation with a regulator about bank competition, and they wondered how I saw banks changing. In particular, they were concerned about collegiate – read that as bank cartels – actions by the banks to protect their own interests. I thought about it and said that I did not believe that banks […]
5 Stocks That Doubled In 2017 And Can Keep Soaring Higher
U.S. stock markets are now hitting all-time highs on a daily basis. Stocks have mostly rallied since last year’s election, with a booming U.S. economy, supportive monetary policy and robust corporate earnings being the key triggers. Expectations that the Trump administration’s proposed tax and regulatory reforms will help companies’ and consumers, have given investors further […]
British Pound – Where To From Here?
Last week, the Bank of England hiked interest rates for the first time in nearly a decade by 25 basis points. The rate hike was widely expected, and the BoE Governor Mark Carney hinted that future rate hikes would be limited and gradual. Despite the rate hike, the British pound sold off on the event. […]
The Inflation Of China’s Condition
One day after the China’s government reported disappointing but consistent trade figures, that country’s National Bureau of Statistics published inflation estimates that are being branded at least on this side of the Pacific as some degree of “hot.” As is usually the case, the characterization is wildly off. China is no closer now to an inflation problem, […]
Defining Crowding Out In An Open Economy
Gavin Ekins argues that it’s Time to Shoulder Aside “Crowding Out” As an Excuse Not to Do Tax Reform. From the introduction: Government budget deficits do absorb a portion of national or global saving, diverting the saving from supporting private investment. This is known as “crowding out.” However, saving is flexible both in magnitude and where […]
