Tim Jackson: The High Price Of Growth
Oct 16, 2017
Jeremy Parkinson
Finance
A finite planet cannot sustain infinite economic growth. Modern society is addicted to and engineered for perpetual economic growth. Now, a fourth-grader can tell you that nothing can grow forever, especially if you have finite resources. But that simple realization is eluding today’s central planners, despite multiplying evidence that growth is becoming harder and harder […]
Global Inflation Continues To Underwhelm
Oct 16, 2017
Jeremy Parkinson
Finance
Chinese producer prices accelerated in September 2017, while consumer price increases slowed. The National Bureau of Statistics reported this weekend that China’s PPI was up 6.9% year-over-year, a quicker pace than the 6.3% estimated for August and a 5.5% rate in July. Earlier in the year producer prices were driven mostly by 2016’s oil rebound, […]
4 India ETFs To Brighten Your Portfolio This Diwali
Oct 16, 2017
Jeremy Parkinson
Finance
The effect of prime minister Narendra Modi has been intense in the economy and the stock world, leading to heavy gains for the major bourses since last Diwali. The BSE Sensex has gained more than 15% while the National Stock Exchange index (Nifty) has fetched higher returns of nearly 17%. Will the bullish trend continue […]
Weekly Gasoline Price Update: Regular And Premium Down Two Cents – Monday, Oct. 16
Oct 16, 2017
Jeremy Parkinson
Finance
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are down six cents each from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.07 and Santa Barbara, CA is the most expensive city, averaging $3.20. Arkansas […]
Old Traders Say To Watch This
Oct 16, 2017
Jeremy Parkinson
Finance
Video length: 00:09:01 Funds continued to shuffle capital around the market leaving the indices mostly unchanged. In tonight’s video we look at the record low volatility and the bets traders are placing on it. Also, we look at one area of the market old school traders say to watch…
Why TERP Fell Below $11.50 And The Profit Opportunity
Oct 16, 2017
Jeremy Parkinson
Finance
Terraform Power (TERP) shares plummeted to $11.50 today after Brookfield Asset Management (BAM) announced that the “stock” merger election option was oversubscribed. This was not at all unexpected (I predicted as much last week), nor does the stock decline indicate any uncertainty about Terraform’s future under Brookfield’s control. The reason the stock fell was because the only TERP […]
Lindsay: 12-Year Interval
Oct 16, 2017
Jeremy Parkinson
Finance
The failure of the 15-year interval high (counted from the 9/21/01 low) to appear on time does not mean the bulls are out of the woods yet. A 12-year interval is sufficient to pull the Dow down into its forecast low without the help of a 15-year interval. A 12-year interval forecasts a low in […]
Agriculture Markets Report – Monday, October 16
Oct 16, 2017
Jeremy Parkinson
Finance
Video length: 00:11:44
Moneyness, Utility & Network Effects
Oct 16, 2017
Jeremy Parkinson
Finance
Eric Lonergan has been cranking out some good stuff on money and language in the last few weeks which got me thinking again about “moneyness” and the network effect of a money system. I wrote a piece on Moneyness back in 2012 that I think describes a realistic operational scale of the utility of money. In short, we […]
Stocks And Precious Metals Charts – On The Wings Of A Dove
Oct 16, 2017
Jeremy Parkinson
Finance
There was an obvious bear raid in the precious metals today. We are nearing peak fraud, at least for this latest iteration of bubbles and busts. A good man can speak truths most profoundly with his silences. A wicked man tells lies with his. A sin against the Spirit will not be forgiven. What is a sin […]