Author Archive: Jeremy Parkinson
Euro-Area Industrial Production Rises In August
Euro-area industrial production rose to the highest in nine months in August following the surge in demand for capital goods. According to Eurostat, industrial production increased by 1.4 percent in August and 3.8 percent from a year ago. The highest increase since November 2016. While this is better than the 0.5 percent and 2.6 percent […]
World Stock Indexes Have More Upside On The Way
The Hang Seng Stock Index is a free float, adjusted market capitalization, weighted stock Market Index in Hong Kong. The Index records and monitors daily changes of the largest companies in the Hong Kong Stock Market. It is the main indicator of the overall market performance in Hong Kong. These 50 constituent companies represent about 58% of […]
Chorus Aviation: Monthly Dividends Are Attractive, But Past Performance Is Worrisome
Chorus Aviation stands out because of its remarkably high dividend yield. Chorus Aviation was trading yesterday at a yield of 5.5%. This makes the security one of the few publicly-traded issues with a yield above 5%. You can see a comprehensive list of all high dividend stocks with 5%+ yields here. Because of its high dividend […]
Bitcoin Explodes To New Record High Over $5200
Having bounced back from China’s exchange closures and Dimon’s damning, Bitcoin just broke above its pre-China ICO ban highs and traded above $5000 for the first time in history (even as Russia decided to block local access). There was no looking back as the cryptocurrency is now trading $5240 – a new record high. As Coindesk notes, prices […]
Discipline Argues Against Consensus Narrative
Following the release of the FOMC minutes from last month’s meeting, the consensus narrative that has emerged says that it was dovish because there is a growing worry the reason inflation fell is not simply due to transitory factors. This explains, according to the narrative the dollar’s losses and the stock market rally. It seems reasonable […]
The Wealth S-Curve That’s Driving Current Global Macro Trends
The graph above shows a logistic function that maps out a sigmoid curve… otherwise known as an S-curve. This function was popularized by mid-19th-century scientist Pierre Francois Verhulst who applied it in his study of population growth. Verhulst found that population growth follows a certain S-curve. It grows at a steady state until it hits […]
The Fed Is Inclined To Raise Rates Despite Low Inflation
Inflation has been trending lower this year, but the Federal Reserve still appears on track to hike rates again before the year is out. Fed funds futures this morning are pricing in an 82% probability that the central bank will lift its target rate to a 1.25%-to-1.50% range from the current 1.0%-to-1.25%, based on CME data. A […]
The Struggle For Bolivia Is About To Begin
While middle-class Bolivians are demonstrating against the incumbent president’s bid to extend term limits, the country is thriving after a decade of progress under Evo Morales. Recently, thousands of Bolivians took part in protests in San Francisco square in La Paz demonstrating against President Evo Morales’ bid to extend term limits. In a referendum last […]
EUR/USD And GBP/USD Forecast – Thursday, Oct. 12
EUR/USD The EUR/USD pair had a bully session again on Wednesday, as traders push the market above the 1.1850 level. It looks to me as if the market is most certainly in a go looking towards the 1.20 level above, and the pullbacks at this point will probably end up being buying opportunities. The market […]
India’s Trajectory For A $6 Trillion Economy: The Wings Of Digitization
Audio Length: 00:29:24 Last week on our “Behind the Markets” podcast, Jeremy Schwartz and I spoke with Arvind Gupta, who heads the Digital India Foundation and is the head of information technology for India’s ruling political party, the Bharatiya Janata Party (BJP). Mr. Gupta is the architect of India’s various digitization efforts. With initiatives ranging […]
