Author Archive: Jeremy Parkinson
The Global Economy And The US Dollar – An Alternative View
Every New Year starts with optimism about the global economy. But as Stanley Fischer, then vice chair of the US Federal Reserve, noted back in August 2014: “Year after year we have had to explain from mid-year on why the global growth rate has been lower than predicted as little as two quarters back.” Will 2018 […]
Grantham: The Essence Of Every Bubble Is Wonderful Fundamentals, Euphorically Extrapolated
Jeremy Grantham sat down with Consuelo Mack at WealthTrack to expand upon his recent bullish comments about the US markets. However, far from being bullish, the essence of Grantham’s comments were extremely bearish, suggesting investors could expect only a couple of percent real return over the next couple of decades in US equities. The veteran investor […]
Emerging Markets: Week Ahead Preview – Monday, January 29
(from my colleague Dr.Win Thin) EM FX closed Friday on a mixed note, but still posted solid gains for the week as a whole. Best performers last week were ZAR, PLN, and CZK while the worst were ARS, PHP, and IDR. The bearish dollar environment remains intact and so we see further gains for EM FX this […]
Indian Indices At Record High; Auto Sector Up 1.9%
Stock markets in India have continued their momentum and are presently trading on a positive note. All sectoral indices are trading on a mixed note with stocks in the auto sector and IT sector witnessing maximum buying interest. The BSE Sensex is trading up 344 points (up 1%) and the NSE Nifty is trading up 89 points (up 0.8%). The BSE Mid Cap index is trading […]
XEM/USD Analysis After NEM Theft From Japanese Cryptocurrency Exchange
XEM/USD erased all losses after the announcement of hackers stealing $500 million worth of NEM coin. What could you expect next? Wait… What’s Going on? Yet another cryptocurrency exchange was a victim of theft over the weekend, bringing to our attention one of the key issues with the market. On Friday hackers stole over $500 […]
E Market Briefing For Monday, Jan. 29
A ‘tactical’ retreat has been resisted for days again; with just a brief shakeout on Davos; the Dollar’s dip; and the 10 Year Treasury’s spike. All these were quickly reversed, as the Indexes moved to higher highs. We are very wary of this nearly-euphoric move by markets; but thought in the face of obvious ‘justification’ […]
German GDP For Students Of Economics
by Dirk Ehnts, Econoblog101 I just stumbled over a very nice figure from Destatis, Germany’s statistical office. It shows GDP and how you arrive at the correct number using the production, expenditure and income approaches. It is shown below. My favorite approach is to use the middle and right columns. In order to grow […]
Can Impressive Order Growth Drive Boeing’s (BA) Q4 Earnings?
The Boeing Co. (BA – Free Report) is set to release fourth-quarter and full-year 2017 results before the opening bell on Jan 31. The company’s results in the to-be-reported quarter are anticipated to be primarily driven by constant contract wins along with higher jet deliveries. Meanwhile a solid cash generating capability also boosts this aerospace […]
US Dollar Bear Market Continues: COT Report
Looking at this week’s Commitments of Traders Report, bullish extremes continue in long crude oil, the euro, and the British pound. Net-long positions have also grown this week for the two currencies and the commodity. The purpose of this report is to track how the consensus is positioned across various currencies and commodities. When net […]
After A Disappointing GDP Print, Investors Take Stock Of The State Of The Economy
Last week was a busy one, as the pace of corporate earnings picked up considerably. President Trump spoke at the World Economic Forum in Davos ahead of this week’s State of the Union Address, and we received our first look at how the domestic economy fared in January. For team Tematica, last week meant attending […]
