Author Archive: Jeremy Parkinson
Kansas City Fed Says Rate Hikes “Necessary” As Weakness Is “Transient”: June Rate Hike Odds Sink
Esther George, president and chief executive officer of the Kansas City Fed says Continuing With Rate Rises Is ‘Necessary’. She also claims weak economic data is “transient”. Meanwhile, the market increasingly believes the economy is weakening and rate hikes are less likely. Meanwhile, the market increasingly believes the economy is weakening and rate hikes are less likely. […]
Huge Decline In Peru’s Silver Production Suggests Future Supply At Risk
The Peru Ministry of Energy and Mining just released their silver production data for February, and it was a whopper to the downside. Actually, I was quite surprised to see how much Peru’s silver production declined versus the same month last year. Also, Peru’s gold February production took a similar big hit. According to the […]
EC False Narratives
A few important things I’ve learned over the years: 1) The prevailing narrative always follows price. 2) Prices can be very wrong at times (the market is NOT always right). 3) When prices are wrong, narratives become nonsense. 4) Chasing nonsense (false narrative) is not an effective investing strategy. Just before midnight on election night last November, the […]
Breakout In 3D Printing Stock Stratasys
The long awaited breakout in the 3D printing space is there. Today, Stratasys is leading the sector higher, with a rally of more than 10 percent intraday on higher than average trading volume. Interestingly, investment bank Piper Jaffray upgraded 3D printing stocks Stratasys from neutral to overweight. That is quite drastic. Their first upside target is $28, which, […]
U.S. Cereal Company, Post Holdings Inc., Buying Weetabix Ltd. For $1.8 Billion
Written by BNN.ca U.S. cereal company Post Holdings Inc. (NYSE: POST) has agreed to buy Weetabix Ltd. from Bright Food Group Co. of China for 1.4 billion pounds (US$1.8 billion), adding the British breakfast staple to a portfolio that includes Grape Nuts and Honey Bunches of Oats. The deal for the maker of oval-shaped cereal bricks gives Post a […]
EUR/USD: Into The First Round Of French Elections & 1 Week From Now
The first round of the French elections is held on April 23rd and the stakes are high. Here are our four scenarios for the elections. Here is the view from SocGen: Societe Generale FX Strategy Research notes that the latest polls ahead of the French elections confirm the first round will be close with a 5% range […]
The Great Western Economic Depression
Western economies are “recovering”. How do we know this? We are told this, over and over and over again by our governments. Then this assertion is repeated thousands of times more by the dutiful parrots of the Corporate media. The problem is that in the real world there is not a shred of evidence to […]
GBPUSD – 1.3000 In View?
The pound took out not one, not two but three big figures today in the wake of a surprise announcement that Theresa May will call a snap election on June 8th. The news was met with resounding approval from the currency market as traders appreciated the shrewdness of the move which could consolidate Ms. May’s […]
Seagate Technology: High Yield Dividend Income Or Value Trap?
Many of the most popular high yield stocks are real estate investment trusts (REITs), master limited partnership (MLPs), and business development companies (BDCs). All of these industries are designed to pay very high dividends. When it comes to regular corporations, however, a very high dividend yield can be a warning sign that something is fundamentally […]
Value And Momentum Investing In Frontier Stock Markets
Value and Momentum investing have been studied across many different markets and asset classes (Asness et al 2013) and have shown to be effective factors. A working paper, “Frontier Stock Markets: Local vs Global Factors” by Douglas W. Blackburn and Nusret Cakici examines Value and Momentum investing in Frontier Markets from 2005-2016. This paper is unique […]
