Ripple And Bitcoin Price Crash: Will They Ever Recover?
Mar 09, 2018
Jeremy Parkinson
Finance
Both the Ripple price and Bitcoin price have plummeted this week, which has investors worried that these currencies may never bounce back. The Ripple price and Bitcoin price saw record highs near the end of December, with many first-time investors trying to capitalize on the rapid growth and see some quick gains from these new investment opportunities. […]
This Is The Biggest Risk To Amazon Stock
Mar 09, 2018
Jeremy Parkinson
Finance
The Nasdaq index surged ahead this week and hit a record high. At the time of writing this post it has gained 100 points on the day to be at 7,530 points. The Dow Jones has also climbed thanks to stronger than expected job numbers in February. Today is the first time since January 26th, that […]
Market Talk – Friday, March 9
Mar 09, 2018
Jeremy Parkinson
Finance
A strong opening for all core Asian markets, but not all could maintain the opening strength. The Nikkei had a great morning session up over 1.3% then was hit after lunch but still managed a +0.5% gain for the day and a +1.4% on the week. Nerves ahead of the US non-farms tended to restrict […]
Gold & Metals Market Update – Friday, March 9
Mar 09, 2018
Jeremy Parkinson
Finance
A review of gold and the market in general. Video Length: 00:07:08 Here is the article used in today’s video: Kitco News Weekly Outlook: The Bears Are Out As Gold Investors To Start Focusing On March 21 Rate Hike
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We Like Party City In 2018
Mar 09, 2018
Jeremy Parkinson
Finance
Party City (PRTY) is a growing name that we think is well positioned for growth in the next year or two. This company offers products that people can use for all sorts of occasions. It is a niche play, and it is a successful operation. Of course, this type of company relies on consumers having […]
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Are American Consumers Spending Beyond Their Means?
Mar 09, 2018
Jeremy Parkinson
Finance
U.S. consumer spending finished relatively strongly in 2017. Americans increased their consumer spending 0.4% in December, a solid expansion but slower than the larger spending burst seen in November. U.S. households partly supported their spending in December by dropping their personal saving rate fell to a twelve-year low. The PCE Price Index rose only 0.1% […]
Market Risk Warning Clears
Mar 09, 2018
Jeremy Parkinson
Finance
My market risk indicator finally cleared its warning that was issued on 2/9/2018. We didn’t get the further downside that I expected (based on the odds), but our longs performed well enough that it blunted the loss from the volatility hedge (which held up relatively well due to a volatile month). My portfolio suffered a .6% […]
EUR/GBP Could Drop To .8800
Mar 09, 2018
Jeremy Parkinson
Finance
One of the biggest stories this past week was European Central Bank President Mario Draghi’s post monetary policy meeting comments. They sent the euro tumbling against the U.S. dollar because Draghi was not nearly as optimistic as the changes in the policy statement suggests. The central bank head emphasized the need for policy accommodation, the […]
Understanding How Trade Deficits Arise
Mar 09, 2018
Jeremy Parkinson
Finance
Given that trade and tariffs are so much in the news, I explain how trade imbalances arise, and therefore why tariffs make no sense. Video Length: 00:04:47 Economists who broadly understand that trade deficits accompany budget deficits express it in terms of national accounts, in this equation. (Imports – Exports) = (Investment – Savings) + […]
Mutual Fund Whale Goes “All In” On Junk Bonds
Mar 09, 2018
Jeremy Parkinson
Finance
A mutual fund whale likes to time the junk bond market. The whale is back to “all in” via ETFs. Bloomberg reports A Mutual Fund Whale Makes Big Bets on Junk Bonds—Using ETFs. In early February, most of the investing world was watching stocks take a tumble. Matt Pasts, the manager of BTS Tactical Fixed Income […]