Author Archive: Jeremy Parkinson
AUD/USD Technical Analysis: Likely Scenarios For The Pair
This will be a major week for the Australian dollar. From a political standpoint, traders will wait for the retaliatory statements from the Australian government after Trump signs in the new policy on steel and aluminum. After this, traders will focus on the interest rate decision and the GDP numbers. On Tuesday, the Reserve Bank […]
The Threat Of A Trading War Continues To Put Pressure On The American Currency
On Friday, the US dollar weakened against the fears that the introduction of taxes on the steel and the aluminum import in the United States could lead to a global trading war. Canada, the European Union and China have very negatively perceived the introduction of duties and have stated that they may introduce their own […]
Rebalancing The Economy Toward Workers And Wages
Economists have recognized for a long time that in negotiations between employers and workers, the employer has a built-in advantage. John Bates Clark, probably the most eminent American economist of his timeJohn Bates Clark put it this way in his 1907 book, Essentials of Economic Theory “In the making of the wages contract the individual laborer […]
Bull Of The Day: Best Buy (BBY) – Monday, March 5
Headquartered in Richfield, MN, Best Buy (BBY – Free Report) is a leading specialty retailer of technology products, services and solutions, with approximately 1,600 stores in North America. Domestic Operations accounted for 92% of FY17 total revenue. According to the company, 70% of the U.S. population lives within 15 minutes of a Best Buy store. That has helped the […]
Inflation Is Not Under Control – Gold And Silver Report
Let’s continue on our topic of capital consumption. It’s an important area of study, as our system of central bank socialism imposes many incentives to consume and destroy capital. As capital is the leverage that increases the productivity of human effort, it is vital that we understand what’s happening. We do not work harder today, than they […]
Insight On The Available Options For Dealing With Debt [US]
While debt has become a popular way of life for a majority of American citizens, some form of credit can build your financial profile but there are also others that come at a heavy cost. If all due diligence is observed when using debt, it can help you acquire important investments like education or a […]
Sex, Money & Happiness
“Sex” and “Money” are probably two of the most powerful words in the English language. First, those two words got you to look at this article.They also sell products, books, and services from “How To Have Better Sex” to “How To Make More Money” — ostensibly so you can have more of the former. Unfortunately, they are also the two primary causes […]
The 1820s Are More Relevant Than The 1950s
Many supporters of Donald Trump have expressed nostalgia for the 1950s, when large companies, strong unions and international competition that had been bombed flat guaranteed well-paid blue-collar jobs. Yet the current situation looks nothing like the 1950s. With robots, genetic engineering, self-driving vehicles, serious emerging market competition and debt defaults on the horizon, we are […]
Traders Increase Long Positions On Forex Into March ECB
EURUSD Non-Commercials increased their net long positions in the Euro last week buying a further 12k contracts to take the total position to 138k contracts. Following a few weeks of position squaring, investors have started rebuilding their long positions heading into the March ECB meeting this week. The meeting is widely expected to confirm the […]
Barrel By Barrel
You can talk about shale oil and rig counts all you want but you must also talk about oil in storage or the lack thereof. My buddy Matt Smith, at Clipper Data, points out that home to one of the world’s largest crude storage facilities, in Saldanha Bay in South Africa, has seen its supply […]
