Author Archive: Jeremy Parkinson
Oil, Copper Prices Stabilize After The Lowest China IP Since 2008
On the verge of upcoming Federal Reserve meeting this week, money managers continued to add long gold positions, according to a weekly report by U.S. Commodity Futures Trading Commission (CFTC). A risk rally late following the ECB’s easing package last week sent gold price lower. However further support came by way of growth concerns due to China’s lowest industrial […]
New Purchase: Agrium
While I’m done with my children’s tuition fund, I had a few dollars uninvested left in my retirement portfolio. Agrium (AGU) has been on my watch list for a while and I decided to enter in a position on February 26th. Please note that Agrium is trading on the TSX as AGU.TO and on the […]
Do Growth ETFs Actually Grow?
Growth doesn’t always get as much respect as longtime guru-favorite Value, and that may have something to do with hype-oriented rhetoric that often surrounds the former. But we need growth. Unless one can argue for growth, there’s pretty-much no point in being in stocks at all, as opposed to less-risky better yielding bonds. So Growth […]
Wrestling With The Bifurcation Of Crude Oil Pricing
Platts, the provider of physicals and futures markets prices affiliated with McGraw Hill Financial, says that it is going to launch a new price reference for Dated Brent CIF Rotterdam. That’s not obviously a stop-the-presses moment, even for the oil markets, but it is worth a pause. The problem for Platts and for Brent in general as […]
Expected Sideways For Euro
Yesterday’s Trading: The first half of Friday saw the euro down against the dollar significantly. However, by the end of the trading session in Europe, everything was back to how it was. The euro/dollar broke from the 112thgradient at 1.1079. Due to an empty calendar, the mood of the players was set by European and […]
“There Won’t Be A Wave Of Layoffs,” “No Stimulus Is Needed”: China Insists That No One Panic
It would funny to watch as Chinese policymakers attempt to pull off the impossible if it weren’t so downright frightening. Beijing, long the global engine for growth and trade, finds itself at a rather vexing crossroads. NBS protestations to the contrary, the Chinese economy is decelerating rapidly in the face of a massive rebalancing towards […]
Stocks Rally Before Fed, BOE & BOJ Meetings
Asian shares began the week in positive territory on Monday, boosted by gains on Wall Street and hints of positive data this week by central banks in two of the world’s three biggest economies. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1 percent, while Japan’s Nikkei stock index added 1.8 percent. In China, […]
60-Day Delinquency Rate In Packaged Subprime Auto Loans Highest In Nearly Two Decades
“Subprime Flashback” A High level of missed payments for recent subprime loans made recently has raised concerns about underwriting standards. As standards have weakened, so have delinquencies. The 60-plus day delinquency rate among subprime car loans that have been packaged into bonds over the past five years climbed to 5.16% in February, according to Fitch […]
Yahoo Core Sale: Will It Or Wont It?
Without going into the boring details of Yahoo’s (YHOO – Analyst Report) sale plans (that investors must know by heart now), let’s jump straight to the question of new board members. Yahoo appointed two new directors to its board just before a crucial meeting with activist investor Starboard Value. The two positions have been vacant since last year when […]
