Author Archive: Jeremy Parkinson
Will Defensive, Anti-Momentum Strategies Rise Up In 2018?
One of the more interesting things that happened in asset management in 2017 regarded factors. While the concept of factors associated with risk-adjusted outperformance has existed for decades, in 2017 investors saw the ability to allocate either to individual factors or to multifactor strategies enter the mainstream in a big way. Investors will likely continue to evaluate different factors […]
3 Best JP Morgan Mutual Funds To Consider
JPMorgan is one of the best financial management companies in the world. It has a legacy of investment management since 1865. Also, JPMorgan is the eighth-largest mutual fund firm in the United States and prides itself as the nation’s leader in equity fund flows. JPMorgan offers managed accounts and retirement products. The company pioneered the […]
E If Only The U.S. Administration Understood How The Balance Of Payments Works
U.S. international economic policy entered into a new aggressive phase last week. Initially, the Treasury Secretary, Steven Mnuchin, called for a weaker U.S. dollar as a major tool to reduce the U.S. trade deficit. Then, the U.S. Administration introduced new tariffs on solar panels and washing machines. U.S. Secretary of Commerce, Wilbur Ross, raised the […]
Merger Monday: Keurig Green Mountain Buys Dr Pepper Snapple
It’s Merger Monday time: Dr Pepper Snapple Group and Keurig Green Mountain announced that the two companies will merge to create Keurig Dr Pepper, “a new beverage company of scale with a portfolio of iconic consumer brands and unrivaled distribution capability to reach virtually every point-of-sale in North America.” The merger will combine such brands as […]
US Dollar-Rally Could Start Here After Rare Decline
The US Dollar has experienced a decline over the past 13-months that hasn’t happened many times in the past 10-years. Below looks at King Dollar’s performance over the past 13-months (upper left) at (1), reflecting that it has declined nearly 13% in that time frame. This large of a decline has taken place just three times in […]
Morning Call For Monday, January 29
OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps (ESH18 -0.26%) this morning are down -0.23% as they retreated from a new record nearest-futures high in overnight trade after rising T-note yields undercut stock prices. The 10-year T-note yield jumped to a 3-3/4 year high of 2.72% ahead of President Trump’s State of the Union address Tuesday night and the […]
‘Boiling Frogs, Rising Yields’: 10-Year Yield Hits Highest Level Since April 2014
On Sunday evening we noted that this is set to be an “interesting” week for bond traders who are staring down a veritable minefield of potentially market-moving events including PCE, ECI, a Fed meeting, a Treasury refunding announcement, and the jobs report. You can read all the super-exciting details here (although I guess that characterization depends on […]
What Everyone Is Missing About The US Tax Cuts
The changes to US taxes that were approved late last year have drawn acclaim and criticism, but in most cases, both those who view the tax changes positively and those who view the tax changes negatively are missing two important points. Most criticism of the tax changes boils down to one of three issues. The first […]
Treasury Yields Are Blowing Out, Slowing Dollar Plunge
The recent frantic moves in Treasury’s and the dollar continued on Monday as we enter what is set to be a juggernaut of a “rollercoaster week”, and while the dollar collapse seems to have slowed, for now, this is as a result of an acceleration in the Treasury selloff, with 10Y yields blowing out to […]
GBP/USD Tumbles As Internal Politics Take Over From External Politics
The British pound was the biggest winner against the dollar last week. The greenback plunged amid comments endorsing a weak dollar by US Treasury Secretary Steven Mnuchin. Sterling played a game of catch-up with other currencies and also enjoyed a positive comment from French President Emmanuel Macron that hinted towards a softer Brexit deal. Well, […]
