Author Archive: Jeremy Parkinson
Facebook: Six Degrees Of Giant Squid
Hildegard von Bingen (1098-1179) German artist, philosopher, composer, mystic Cosmic Tree All of a sudden, politicians in the EU, UK, and USA all want to talk to Mark Zuckerberg. That’s a bad enough sign all by itself. It means they all either have been asleep, complicit, or they’re not very bright. The media tries to convince […]
ABM Industries: A Recession-Resistant Dividend King
ABM Industries (ABM) has an amazing track record when it comes to paying dividends to shareholders. ABM is part of the Dividend Kings, a group of stocks that have raised their payouts for at least 50 consecutive years. Dividend Kings are the best of the best when it comes to rewarding shareholders with cash and […]
3 Top TIAA Mutual Funds To Strengthen Your Portfolio
Previously known as TIAA-CREF, Teachers Insurance, and Annuity Association of America Fund (TIAA) was founded by Andrew Carnegie in 1918. TIAA had $1 trillion in assets under management as of Dec 31, 2017. A major portion of its assets is allocated to stocks and fixed income securities. TIAA Global Asset Management seeks to offer financial […]
A Couple Of Thoughts On The Fed’s Growth Outlook
No sooner will I put this out there than it will be proven spectacularly wrong, but hey, “them’s the breaks”, right? So there’s apparently some disagreement as to whether the Fed will upgrade their growth outlook in the SEP on Wednesday – if “disagreement” isn’t the right word, then you could just say that in light […]
Sneak Peek: How To Trade The Upcoming FOMC
If Fed signals the possibility of a 4th rate hike, USD/JPY is likely to rally. The market has priced in a 100% chance of a quarter point rate hike tonight. Jerome Powell will be making the announcement for the first time as Fed Chairman. During Jerome Powell’s testimonies 2 weeks back, he viewed the near-term risks to […]
FOMC Preview: EUR/USD Risks Larger Rebound On Dovish Fed Rate-Hike
TRADING THE NEWS: FEDERAL OPEN MARKET COMMITTEE (FOMC) INTEREST RATE DECISION The Federal Open Market Committee (FOMC) interest rate decision may rattle the recent rebound in EUR/USD as the central bank is widely expected to raise the benchmark interest rate to a fresh threshold of 1.50% to 1.75%, but a dovish rate-hike may produce headwinds […]
Salesforce Under Pressure After Paying Steep Price For MuleSoft
Shares of Salesforce (CRM) are sliding after the company announced that it is acquiring MuleSoft (MULE) for $6.5B. Commenting on the news, several Wall Street analysts pointed out that while the acquisition makes strategic sense for Salesforce, the company paid a high valuation for the deal. MULESOFT ACQUISITION: Last night, Salesforce announced a definitive agreement […]
February 2018 Headline Existing Home Growth Rebounds
The headline existing home sales growth rebounded with the authors saying sales “Affordability continues to be a pressing issue because new and existing housing supply is still severely subpar.“. Analyst Opinion of Existing Home Sales The rolling averages have been slowing since the beginning of 2017, and they marginally decelerated this month. The rolling averages […]
3M: A Dividend King With A Long History Of Growth
Founded in 1902, 3M (MMM) was intended to be a mining company that would find minerals used in sand paper and grinding wheels. While the company wasn’t successful in this initial adventure, the founders’ turned to working with different materials to produce innovative new products for customers in order to grow their business. That spirit […]
