Author Archive: Jeremy Parkinson
Fed Preview: Looking For A “Healthy Hike” – 3 Scenarios
The Federal Reserve is set to raise interest rates in March. They basically laid down the message. Calling them “thick hints” would be an understatement. The strong NFP left no room for doubts.And now, is it already priced in? Can we expect a massive “sell the fact” reaction? There are many moving parts that will determine the next move of the […]
Another Market Anomaly Emerges
More than a few (hundred) commentators have taken a stab at explaining why volatility has remained glued to the flatline over the past several months and to be sure, I’ve flagged suppressed vol as a warning sign that markets are too complacent on more than a few occasions in these very pages. For those who […]
Energy Stocks Preparing A Bounce
2016 was a good year for Energy Stocks as Oil & GAS price rose significantly helping the Energy sector to recover from the drop that started since 2014. However since the recent peak early this year, Oil price stabilized in a tight range and failed to move higher before the recent 9% drop last week in both Brent Crude […]
Cracks Start To Show In High Yield As Investors Turn Cautious
The high yield new issue market came roaring back to life last week according to Bank of America’s credit strategists Michael Contopoulos and team, but despite record levels of new issuance, it appears investors are turning away from high yield credit market. Cracks Start To Show In High Yield As Investors Turn Cautious For the week […]
USD/JPY – The Point Of Truth Is Here
We have been arguing for a long time that the 115.00 level remains the separating line between dollar rally and dollar failure. Tomorrow the market will get to test that thesis as the market get ready for FOMC day. Last Friday’s Non-Farm Payrolls confirmed the US growth continues unabated. The economy generated 235,000 jobs versus […]
Will Election Cast A Pall On The Netherlands ETF?
Europe is in the spotlight this year thanks to a series of elections and referendums. In particular, the Netherlands is the first country to hold general election on March 15. The race for the position of the Dutch Prime Minister between Geert Wilders, a leader of the populist Party of Freedom (PVV), and the incumbent […]
EC Villanova Vs. Kansas: Outcome Vs. Process Strategies
It is that time of year when the markets play second fiddle to debates about which twelve seed could be this year’s Cinderella in the NCAA basketball tournament. For college basketball fans, this particular time of year has been dubbed March Madness. The widespread popularity of the NCAA tournament is not just about the games, […]
Reflections On The Global Macro Environment
Audio Length: 00:53:48 On last week’s podcast, I had the opportunity to interview Jared Dillian, author of the professional investing newsletter “The Daily Dirtnap” and a writer for Mauldin Economics, as well as Marc Chandler of Brown Brothers Harriman (BBH), a specialist on currencies. First, before I get to the discussion with the two guests: […]
How Will The Fed’s Rate Outlook Impact Markets And The Economy?
Audio Length: 00:36:56 Leigh Drogen, and SVP of Media, Christine Short, are joined by Nick Colas, Chief Market Strategist at Convergex. With the markets anticipating that the FOMC will raise rates at Wednesday’s meeting, we explore all things related with the Federal Reserve. Topics include a discussion around the probability of 3 hikes this year […]
Oil Jumps After Saudis “Explain” Production Surge
Having sent crude oil pries tumbling overnight by admitting they cheated on OPEC production cuts, Saudi officials are desperately trying to unwind that faux pas by claiming the over-production was purely for domestic storage. The problem with this “explanation” is that Saudi deliveries to China soared in January… Bloomberg reports that Saudi Arabia didn’t raise supply to the […]
