Author Archive: Jeremy Parkinson
A Win For Abe And Japan: Challenges Lie Ahead
Prime Minister Shinzo Abe and his Liberal Democratic Party (LDP) achieved a landslide victory in the snap election held Sunday, assuring that his ruling coalition retains its two-thirds majority in Japan’s lower house. It also makes it very likely that Abe will be selected next year to continue to head the LDP. The LDP faced […]
E Market Outlook – Oct. 23
A standard chart that we use to help confirm the overall market trend is the Momentum Factor ETF (MTUM) chart. Momentum Factor ETF is an investment that seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks exhibiting relatively higher price momentum. This type of momentum fund is considered […]
Falling Interest, Gold And Silver Report – Oct. 23
Last week, we discussed the marginal productivity of debt. This is how much each newly-borrowed dollar adds to GDP. And ever since the interest rate began its falling trend in 1981, marginal productivity of debt has tightly correlated with interest. The lower the interest rate, the less productive additional borrowing has in fact become. Let’s […]
Qualcomm, Inc.: Wedgewood Capital Still Loves Chipmaker
Qualcomm, Inc. (Nasdaq:QCOM) remains the favorite technology stock of Wedgewood Capital despite its share price falling over 22% this year mainly due to an ongoing legal battle with Apple and other regulatory issues. In its 2017 Q3 investor letter (you can download a copy here), Wedgewood Capital discussed why it has a bullish viewpoint on the chipmaker. Qualcomm is also […]
USD/JPY: Filling Gap To 113.50 Before A Test Of 114.50 – ING
Dollar/yen advanced on the news that Abe won a landslide victory, but hesitated after hitting 1.14. What’s next? Here is the view from ING: Here is their view, courtesy of eFXnews: ING FX Strategy Research discusses USD/JPY outlook in light of the outcome of Japan’s snap elections. “Unlike Theresa May, Shinzo Abe’s call for a snap, […]
Budgeting For The Great Unknown In 2018–2020
“There isn’t anybody who knows what is going to happen in the next 12 months. We’ve never been here before. Things are out of control. I have never seen a situation like it.“ This comment from former UK Finance Minister, Ken Clarke, aptly summarizes the uncertainty facing companies, investors and individuals as we look ahead to the […]
Hasbro, Inc. Reports Revenue, Net Earnings And Earnings Per Share Growth For Third Quarter 2017
Hasbro, Inc. (Nasdaq: HAS) today reported financial results for the third quarter 2017. Net revenues increased 7% to $1.79 billion. Net earnings were up 3% while operating profit was essentially flat at $360.9 million. About Hasbro Inc. Hasbro, Inc. designs, manufactures, and markets toys, games, interactive software, puzzles, and infant products internationally. The Company’s products […]
Lemmings In Full Gallop Towards Cliff
It’s official…the stock market has broken above 23,000, and its valuations should now scare even the most mind-numbed carnival barker on Wall Street. The forward 12-month PE ratio is 18, compared to the 10-year average of just 14. The 12-month trailing PE for Pro-forma earnings, which takes into account non-recurring items that seem to recur […]
Baby DivHut Dividend Income Portfolio Update Q3 2017
With nine months of the year already behind us, it is time for me to highlight baby DivHut’s quarterly dividend income/portfolio progress. Generally speaking there is not much change in his portfolio on a month to month basis as fresh capital is not always available to make trades for him. Still, with dividend reinvestments, stock spin offs […]
Bitcoin Hit 6,199 USD On Oct. 21
On Oct. 21, Bitcoin set a new all-time high, rising to 6,199 USD on the Hong Kong cryptocurrency exchange Bitfinex; the world’s biggest exchange, accounting for more than 30% of bitcoin trading volume according to data.bitcoinity.org. Many experts and analysts in the cryptocurrency field believe that this significant growth spurt can be explained by the […]
