Author Archive: Jeremy Parkinson
Can Self-Driving Cars Ever Really Be Safe?
Analysts estimate that by 2030, self-driving cars and trucks (autonomous vehicles) could account for as much as 60 percent of US auto sales. That’s great! But autonomous vehicles are basically computers on wheels, and computers crash all the time. Besides that, computers get hacked every day. So you gotta ask, “Can self-driving cars ever really be […]
E A Lesson In Insolvency
Many different types of insolvency proceedings exist, including receivership, protection under the Companies’ Creditors Arrangement Act (CCAA), and bankruptcy. But, what are they and how are they different? According to Jeffrey Carhart, partner at the law firm Miller Thomson, perhaps the simplest way to understand the differences is to think about who is “in control” […]
USD/JPY Forecast April 17-21
The yen sparkled this week, as USD/JPY dropped 170 points last week. The pair closed the week at 108.55, as the yen climbed to 5-month highs. There are just four releases this week. Here is an outlook for the highlights of this week and an updated technical analysis for USD/JPY. The yen took advantage of soft US consumer numbers, as CPI […]
EC The CPI Is A False Guide For Monetary Policy
For years the Federal Reserve and many other central banks around the world have declared that a key element of monetary policy is targeting the annual price inflation. Now the Federal Reserve has suggested that that target rate may be “temporarily” raised to – well, they have been less precise about that. As measured by […]
A Silver Price Seasonality Chart
We talked about silver for the medium term in yesterday’s article Silver Price Close To Major Breakout. As discussed, the article was focused on a potential tactical breakout in silver, leading to a short to medium term bull market. Readers reacted on that article, asking what to make out of it in the bigger scheme of […]
Good And Bad Accumulations
Not all ’causes’ or accumulations (or distributions) warrant a trade, some are good and some are not; it is the investor’s job to determine which are more Mr Hyde or Dr Jekyll. The Law of Cause and Effect In order for there to be an effect (change in price), there needs to be a cause. […]
Emerging Markets Q1 2017 Recap: A Strong Start
Templeton Emerging Markets Group has a wide investment universe to cover—tens of thousands of companies in markets on nearly every continent. While we are bottom-up investors, we also take into account big-picture context. Here, I share the Templeton Emerging Markets Group’s overview of what happened in the emerging-markets universe in the first quarter of 2017, […]
Weekly Economic & Political Timeline – Sunday, April 16
There will be a similarly low amount of high-impact news scheduled this week, compared to last week. There is central bank input expected from the Reserve Bank of Australia, as well as a smattering of other data. The market will probably be most active on Tuesday and Thursday. It will be a public holiday in […]
Gold Gets Trumped Up
“Thank you, Mr. President.” And as for last week’s 180° out-of-phase missive entitled “We See Gold Working Lower Near-Term”, we need only cue the 1966 Bob Hope classic “Boy, Did I Get A Wrong Number!” For as the above panel shows, Gold soared off the surface from where ’twas a year ago in sporting its best weekly gain by both […]
Euro On Edge During Holiday-Shortened Week Ahead Of French Elections
Fundamental Forecast for EUR/USD: Neutral – French-German yield spreads widening back out, reflecting the market’s uncertainty over the outcome over the French election. – The retail crowd remains net-long EUR/USD, which as a contrarian indicator means losses could persist. – See how the French elections fit in with our Q2’17 EUR/USD forecast. The Euro lost ground against every major currency (save the US Dollar) last […]
