Author Archive: Jeremy Parkinson
Which Is Better: A Human Financial Advisor Or A Robo-Advisor?
Robo-advisors are everywhere you turn. Or, so it seems. These automated online investment platforms appeal to new and younger investors, but they can be a good fit for seasoned pros as well. The key to deciding whether to go robo-advisor or human financial advisor is to understand what’s right for you and your financial […]
A Stock Market Correction Is Imminent
This has been a frustrating earnings season for investors. It’s not that the companies are doing poorly. They are actually topping estimates more than usual. It’s that investors aren’t rewarding them for beating estimates. But, in a broader sense, this anomaly, which hasn’t occurred since 2011, is a sign that a correction is looming. Punished […]
E Despite Concerns About Brexit, Terrorism And Immigration, Euro Zone’s Economy Has Visibly Improved
“The Eurozone’s outlook has improved markedly since the start of the year. Momentum from the first quarter seems to have extended to Q2 based on strong manufacturing and services purchasing managers indices. The composite PMIs in both Germany and France jumped to six-year highs in May…Eurostat data shows employment rising to an all-time high in […]
What’s The Biggest Tail Risk? CBs, Bond Market Crash, Or ETF/Quants
To be sure, it’s tempting to chuckle wryly when central banks talk about financial stability. After all, pretty much anyone you care to consult will tell you that central banks themselves are now far and away the greatest risk factor when it comes to markets and more than a few commentators are steadfast in the […]
Japanese Yen Gains As Markets Start The Week In A Sour Mood
Talking Points: Yen gains as sentiment sours at the start of the trading week S&P 500 index futures point to continued risk aversion ahead US political volatility a threat amid NAFTA renegotiation The Japanese Yen edged up in otherwise quiet Asia Pacific trade. The perennially anti-risk currency edged higher, seemingly looking past a mixed performance across regional bourses […]
Gold And Miners Finally Bust Out
As I wrote on August 24th regarding junior miners, “…as I look at the miners, I’m seeing signs of life. If you believe the breakout is meaningful and want to amp up your commitment, a good way to do it would by via the triple-bullish ETF symbol below, which itself has had a clean breakout from a rather […]
Indian Indices Continue Momentum; IT Sector Up 1.4%
After opening the day higher, stock markets in India have continued their momentum. Sector indices are trading on a positive note with stocks in the realty sector and IT sector witnessing maximum buying interest. The BSE Sensex is trading up 148 points (up 0.5%) and the NSE Nifty is trading up 48 points (up 0.5%). The BSE Mid Cap index is trading up by 0.9%, while the BSE […]
Teladoc Jumps After Winning Federal Employee Program Contract
The Blue Cross and Blue Shield Service Benefit Plan, also known as the Federal Employee Program, has selected Teladoc to provide general medical and behavioral health services for the 2018 benefit year, the company announced earlier in a press release. Teladoc shares are up 11%, or $3.30, to $33.15 in midday trading. The Federal Employee […]
Trade Deficit Increases Slightly
The trade deficit in July increased by 1.7% to -$65.1 billion vs an Econoday consensus estimate of -64.1 billion. The Census Bureau revised June slightly, to -64.0 billion from -63.9 billion. Third-quarter GDP is off to a slow start, at least for international trade in goods where the July trade gap widened more than $1 billion to […]
Spot Gold Spikes Above $1300 To Highest Since Election
While Dec gold futures broke above $1300 overnight (and are spiking above $1310), spot gold prices just broke above $1300 to the highest price since Trump’s election. Since Friday’s close, before the worst of Harvey hit, gold is the best performing asset with bonds, dollar, and stocks slightly lower.
