ETFs In Focus As IMF Ups Global Growth Forecast
Oct 12, 2017
Jeremy Parkinson
Finance
Global economic activity seems to be picking up as the International Monetary Fund (IMF) estimates 3.6% and 3.7% growth in 2017 and 2018, respectively, compared with 3.2% in 2016. The IMF raised its forecasts from the estimates released in April 2017 with easing global macro tensions and accelerating growth globally. With global economic recovery, […]
Agriculture Markets Report – Thursday, Oct. 12
Oct 12, 2017
Jeremy Parkinson
Finance
Video length: 00:13:00
Gold Will Reach New Highs For The Year
Oct 12, 2017
Jeremy Parkinson
Finance
(Audio length 00:11:41) Craig Hemke, Found and Editor of TFMetalsReport.com shares the reasons why he thinks gold will reach new highs for this year before year end. We also look at the precious metals stocks and if they will also move to new highs for the year.
Stocks And Precious Metals Charts – It’s A Livin’ Thing
Oct 12, 2017
Jeremy Parkinson
Finance
Stocks were off a bit today, while the precious metals remained steady. The markets were perturbed a bit by the geopolitical events, as well as some new domestic disappointments with the triumph of corporatism in the form of tax relief at the expense of the working and middle class. President The Donald apparently figured out […]
Are You Better Off Than You Were 17 Years Ago?
Oct 12, 2017
Jeremy Parkinson
Finance
We tend to measure what’s easily measured (and supports the status quo) and ignore what isn’t easily measured (and calls the status quo into question). If we use gross domestic product (GDP) as a broad measure of prosperity, we are 160% better off than we were in 1980 and 35% better off than we were […]
Japan ETFs In Focus As Nikkei Soars
Oct 12, 2017
Jeremy Parkinson
Finance
Japan’s benchmark stock index Nikkei soared to a 21-year high owing to positive economic data, relatively low valuations, strong earnings and improved sentiment in the United States. The index increased 0.3% to its highest close since December 1996. This is expected to boost prime minister Shinzo Abe’s confidence as he is campaigning to convince voters […]
Bitcoin Price: New All-Time High One Month After The Crash
Oct 12, 2017
Jeremy Parkinson
Finance
There we go again. The price of Bitcoin rises to all-time highs. Bitcoin in USD rallied to 5406 today, a rally of more than 8 percent in just one day. That happens exactly one month after Bitcoin and other leading cryptos crashed. Back then, everyone was bearish. At InvestingHaven we do not get influenced by what […]
Market Talk – Thursday, October 12
Oct 12, 2017
Jeremy Parkinson
Finance
Mario Draghi, declared the intentions of the ECB were to keep rates low, well after the bond-buying program has ended. Draghi stated this was important to keep borrowing costs at bay and promote solid growth within the Eurozone. The EUR/USD rate, is still in the 1.18 region losing 20bps today. The big ECB rate decision […]
Bitcoin Rips, Banks Dip As Fed Crushes Yield Curve To 10-Year Flats
Oct 12, 2017
Jeremy Parkinson
Finance
The yield curve collapse means nothing… Don’t sweat it… Video length: 00:00:20 While Trannies ripped higher, the rest of the equity market hummed along the unchanged line in a narrow range… (NOTE the weakness toward the end of the day which seems to have been catalkyzed by reports that Trump met with John Taylor re: […]
What Would You Do With The Opportunity?
Oct 12, 2017
Jeremy Parkinson
Finance
Above looks at an asset over the past 20-years. Over the past few years, a bullish ascending triangle looks to have formed. Two-thirds of the time, this pattern breaks to the upside. If an upside breakout takes place, the measured move suggests that the asset could rally over 30%.