Author Archive: Jeremy Parkinson
Dollar Tree Falls On Q4 Earnings Miss, Guides For ’18
Dollar Tree Inc. (DLTR – Free Report) posted fourth-quarter fiscal 2017 results, wherein both earnings and sales missed the Zacks Consensus Estimate. However, results improved year over year. Also, management issued guidance for first-quarter and fiscal 2018. Following the quarterly results, shares of the company declined 13.4% in pre-market trading. However, the stock has gained 26% in the […]
Reserve Bank Of Australia Leaves Rates Unchanged As Expected
The Australian Dollar rose by almost a percentage point following a meeting of the Reserve Bank of Australia. The AUD rose to a weekly high of 0.782 after the RBA left interest rates unchanged. The rise was also attributed to a weaker dollar after the European Union released a list of products they would target […]
Look Real Close At Interest Rates
“Gold’s an inflation hedge.” How often have you heard that old saw? And is it really true? Perhaps if you take the long view, it is true. But you have to take an exceptionally long view to see this. Since the dollar was allowed to float free of gold in 1971, the Consumer Price Index […]
January Trade Deficit At $56.60B, Up 5.0% MoM
The U.S. International Trade in Goods and Services, also known as the FT-900, is published monthly by the Bureau of Economic Analysis with data going back to 1992. The monthly reports include revisions that go back several months. This report details U.S. exports and imports of goods and services. The Bretton Woods agreement, which established a […]
HH 4 Big Reasons Why Short-Term Muni Bonds Should Excite You
Municipal bonds might not be the first thing that comes to mind when you think of a sexy investment. They don’t typically command news headlines like the stock market or bitcoin. That doesn’t mean investors should disregard short-term munis. In fact, munis play a very important role in any serious portfolio. Below are four big […]
Are Long/Short Equity Strategies Worth The Fees?
High net worth individuals, university endowments, and public pension funds have heavily invested in long/short equity hedge funds. But is the long/short equity asset class benefiting investors? The pitfalls of expensive financial products are well documented in the academic literature; however, the research on the subject of the “high cost of active management” is primarily focused […]
Coinbase Launches A Cryptocurrency Index
Coinbase has just announced it will launch a cryptocurrency index. This cryptocurrency index is being launched in conjunction with the creation of a Coinbase Index Fund. The cryptocurrency index is tied to the Coinbase Index fund. The Coinbase Index fund will give investors exposure to all digital assets listed on Coinbase, GDAX, weighted by market capitalization. If […]
At Least Gas Prices Aren’t Taking Off
Over the last several weeks, we’ve been highlighting a number of inflationary statistics in various economic indicators. One place, though, where consumers tend to quickly notice price increases where we haven’t seen a major uptick yet is in gas prices. The national average price of a gallon of gasoline in the United States currently stands at […]
The Death Of Buy And Hold: We’re All Traders Now
The percentage of household assets invested in stocks fell from almost 40% in 1969 to a mere 13% in 1982, after thirteen years of grinding losses. The conventional wisdom of financial advisors–to save money and invest it in stocks and bonds “for the long haul”–a “buy and hold” strategy that has functioned as the default […]
WTI/RBOB Rebound After Inventory Data Despite Record Production
RBOB has given up its post-API gains and RBOB is sliding into the DOE data but both jumped as Gasoline inventories drew down and crude’s build was bigger than the whisper number. Production jumped to a new record high. Notably, Bloomberg Intelligence Energy Analyst Fernando Valle points out that the prospect of a trade war raised by U.S. President […]
