Author Archive: Jeremy Parkinson
Tax Reform Would Lead To Economic Dynamism
As Congress and the Administration enter the throes of tax reform negotiations in an attempt to pass a bill before year-end, it is an opportune time to ask what basic principles should be included in the legislation in order to achieve both higher levels of economic growth and a rising standard of living for all […]
How Do You Know If A Pilot’s In The Room?
How do you know if a pilot’s in the room? He tells you. In 1862, Charles Dow started the Dow Jones and Co. Two years later, the oldest US stock index, DJTA, is founded. The DJTA Includes railroads, airlines, trucking, marine transportation, and delivery services. The DJTA is still closely watched. It confirms the state […]
What Lies Ahead For India ETFs?
Wall Street is rallying as U.S. equities touched record highs led by gains in energy and tech. Greater merger activity contributed to gains in the U.S. equity markets. Moreover, oil prices touched record highs owing to tensions in Saudi Arabia and reduction in production, leading to gains in energy shares. Strength in Wall Street and […]
One Year Later: These Are The Best And Worst Performing Assets Under President Trump
“A Happy Trumpiversary to all our readers this morning” – Deutsche Bank Today marks exactly 12 months since the US election on November 8th 2016, and as Deutsche Bank writes in “A Happy 12 Month Trumpiversary For Markets?” a lot has happened in the last year, although most surprising may be that for all calls […]
Stock Market Internals Revolt
The SPY ETF completed yet another DeMark Sequential sell signal on the daily chart yesterday. It also has a potential bearish divergence in money flow forming, as well. But what interests me more than the technicals right now are the internals. The advance-decline line has flattened out over the past few weeks even as […]
The Effects Of Fees On Investment Returns
The median price of a home in the United States was recently reported by the U.S. Census Bureau to be $319,700 (including the land on which the home sits). So what exactly does this number have to do with investment returns? It’s actually less than the total amount you could be losing to investment fees over […]
EUR/USD Responds To Initial Support- Recovery To Offer Opportunity
EUR/USD Daily Chart Technical Outlook: EURUSD broke below a critical support confluence last month at 1.1679– ‘a region defined by the lower median-line parallel, the 23.6% retracement of the 2017 range and the 100-day moving average.’ The subsequent decline has taken out our initial support targets with price rebounding yesterday of the head & shoulders measured move at 1.1554. […]
Top-Performing Leveraged ETFs In First Year Of Trump’s Win
It’s been a year since Donald Trump came into power and his administration led to a boom in the stock market, pushing major indices to multiple highs on several occasions. The S&P 500 rose 21.6%, Dow Jones climbed 28.5% and the Nasdaq Composite Index soared 30.3% since Election Day. Per Goldman Sachs, Trump’s post-election stock […]
Due Diligence Requires Deep Dives Into Data
The data and analysis provider eVestment has issued a new white paper on “enhancing private equity manager selection with deeper data.” PE funds below the top quartile have not materially outperformed the public markets as a matter of history. So for an institutional investor, earning alpha is in large measure a matter of selecting the manager who […]
EC Consumer Credit Both Accelerating And Decelerating Toward The Same Thing
Federal Reserve revisions to the Consumer Credit series have created some discontinuities in the data. Changes were applied cumulatively to December 2015 alone, rather than revising downward the whole data series prior to that month. The Fed therefore estimates $3.531 trillion in outstanding consumer credit (seasonally-adjusted) in November 2015, and then just $3.417 trillion the […]
