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American Labor Share Continues To Decline
Mar 15, 2017
Jeremy Parkinson
Finance
The February jobs report gives us another snapshot of how the income for American worker is undergoing change. Continuing a recent trend, average hourly earnings rose a modest 0.2 per cent and weekly hours worked remained unchanged for last month.The modest increase in wage income, at a time when the country is very close to […]
Fed Preview: 3 Scenarios For The Dots That Move The Dollar
Mar 15, 2017
Jeremy Parkinson
Finance
Expectations for the March meeting went from a non-event to certain hike. But is the Fed just “sneaking in” a move now and will take a break? Or are they about to hit the accelerator pedal? We discuss the considerations facing the FOMC and the scenarios. The dot-plot regarding rates matters most, but also note […]
2017 IPO Prospects: WeWork Diversifies To Drive Revenue
Mar 15, 2017
Jeremy Parkinson
Finance
Analysts estimate that the global coworking market now has more than 7,000 vendors. Coworking operators help make it easier for companies to have a physical office location by enabling sharing of workspace. One such vendor, now looking to go public, is New York-based WeWork. Photo credit: Jambounce Music/Flickr.com. WeWork’s Offerings WeWork was founded in 2010 by husband-wife […]
China’s NPC Ends With New Initiatives
Mar 15, 2017
Jeremy Parkinson
Finance
The market’s immediate focus is on today’s FOMC meeting and Dutch elections. However, China’s annual legislative session (National People’s Congress) ended earlier today, and Premier Li unveiled a new initiative. Late this year, China will allow overseas funds to buy onshore bonds in Hong Kong. Details on the mechanics, including implementation timeframe, were not immediately available, but […]
Inflation
Mar 15, 2017
Jeremy Parkinson
Finance
Inflation is finally gaining a little traction as recent reports begin to hint at increases. From a wholesale level it is up 2.2% in the last 12 months. Wholesalers are not always able to pass along the increases to retailers and thus to the consumer, but they make every effort to do so. In February […]
Fed’s Rate Decision & Janet Yellen’s Clues On The Next Rate Hike
Mar 15, 2017
Jeremy Parkinson
Finance
The big day is finally here, few hours and the world will brace for another important decision by the Federal Reserve, which will be announced at 18:00 GMT+ followed by the Press Conference of the Federal Reserve Chair Woman Janet Yellen at 18:30 GMT+. Despite the fact that the market is almost 100% sure that […]
Rate Hike Wednesday – How Will The Markets React?
Mar 15, 2017
Jeremy Parkinson
Finance
There is a 100% chance the Fed will raise rates today. That’s the consensus and I, of course, agree as I’ve been saying they HAVE to hike since the last meeting. Now that everyone agrees with me, let’s move on to contemplating the result of the Fed hiking and what it means for the year […]
Are The New Impact ETFs Pro-Discrimination?
Mar 15, 2017
Jeremy Parkinson
Finance
Socially responsible investing has been around for decades. While the results of social investing products has been somewhat mixed, there’s little question that these products fill a niche for certain belief-based investors. There’s definitely a group that wishes to avoid “sin stocks” that deal with gambling, alcohol, weapons, etc. and these products provide these folks […]
European Ardagh Group Set For A Strong IPO This Wednesday
Mar 15, 2017
Jeremy Parkinson
Finance
Ardagh Group (Pending:ARD) expects to raise $300 million in its upcoming IPO ($345 million if the underwriters exercise their option to purchase additional shares). Based in Luxembourg, Ardagh Group is a supplier of rigid packaging solutions, including metal and glass containers for the food and beverage markets. Ardagh Group will offer 16.2 million shares at […]
Quick Guide To T. Rowe Price GNMA Fund (PRGMX)
Mar 15, 2017
Jeremy Parkinson
Finance
T. Rowe Price GNMA (PRGMX – Free Report) a Zacks Rank #2 (Buy) invests exclusively in securities that are backed by the full faith and credit of the U.S. government, primarily GNMA mortgage-backed securities, and investments linked to these securities. The T. Rowe Price GNMA fund, managed by T. Rowe Price, carries an expense ratio of 0.59%. Moreover, […]