Author Archive: Jeremy Parkinson
Stocks Slammed Into Red For 2018: Powell Plunge, Dudley Dump, Or Trump Turmoil?
Gluskin Sheff’s David Rosenberg summed it all up nicely…“Hmmm. Let’s see. Tariffs. Sharp bond selloff. Weak dollar policy. Massive twin deficits. New Fed Chairman. Cyclical inflationary pressures. Overvalued stock markets. Heightened volatility. Sounds eerily familiar (from someone who started his career on October 19th, 1987!).” h/t Doug Kass Only The Nasdaq remains green for 2018… […]
Bulls Retreat – Thursday, March 1
With continued volatility in the market, individual investors are increasingly becoming leery of equities without turning outright bearish. In the latest weekly survey of investor sentiment from AAII, bullish sentiment dropped from 44.65% down to 37.28%. That’s the second lowest weekly reading of the year behind only the 37.03% level we saw right at the […]
AUS/USD Slumps After News On China Housing Loan
China’s Citic Bank has halted new consumer loans in Beijing for individuals pledging their property as collateral, Bloomberg reported by quoting the people familiar with the matter. Citic Bank decided to halt the consumer loans for its own internal business reasons, rather than under prompting from Chinese regulators, according to the people. This is important asit may […]
Powell Set To Speak Thursday
Stocks Decline On Wednesday Yesterday, I challenged the market by saying it really wasn’t worried about Powell’s potential hawkishness. I said if stocks were really worried, they would be down more. The market answered the bell on Wednesday by falling at the end of the trading session. The S&P 500 fell 1.11% after being up […]
Mexico’s Oil Industry Continues To Disintegrate: Pemex Suffers $18 Billion Loss
The situation in Mexico’s oil industry continues to rapidly disintegrate as falling oil production and rising costs resulted in an $18 billion fourth-quarter loss for the state-run oil company, PEMEX. Part of the reason for the huge financial loss at PEMEX was the fall in the value of the Mexican Peso. While PEMEX’s costs are […]
Regression To Trend: Another Look At Long-Term Market Performance – Thursday, March 1
Quick take: At the end of February the inflation-adjusted S&P 500 index price was 114% above its long-term trend, down from 122% the previous month. About the only certainty in the stock market is that, over the long haul, over performance turns into underperformance and vice versa. Is there a pattern to this movement? Let’s apply […]
Monetary Policy And Asset Allocation
In this video we talk through the global monetary policy outlook and how it ties in with asset allocation. Monetary policy has been a major force, perhaps more than ever, over the past decade in driving asset prices across markets and regions, so it’s a key topic for active asset allocators to be across. The […]
Analog Devices And Dine Brands: Growth & Income Buys
Video Length: 00:04:01 In this week’s video I discuss two companies that recently reported better than expected earnings results, and that have continued upside going into the next quarter. They are Analog Devices (ADI – Free Report) , and Dine Brands Global (DIN – Free Report) . Analog Devices (ADI – Free Report) is a world leader in the design, manufacture and […]
Gold’s Bearish Breakdown
A discussion on what is going on in the Gold market & other relative stock market updates. Video Length: 00:10:55 Here is the article used in today’s video: Gold Complacency Has Reached Historically Low Levels
U.K. Manufacturing PMI Expands At 8-Month Low; Pound Dips
UK manufacturing activities grew at an 8-month low in February as companies struggle to cope with an increase in demand due to suppliers inability to meet raw material demands. Manufacturing Purchasing Managers’ Index declined marginally from 55.3 in January to 55.2 in February, the IHS Market reported on Thursday. The slowest PMI reading since June. But, experts […]
