Author Archive: Jeremy Parkinson
Dow Jones Moderately Lower After ADP Employment Report
On Wednesday, the Dow Jones Industrial Average closed slightly lower after the release of ADP employment report. The ADP report was positive, but a few items caused the Dow to finish lower. The first of which is pause before this Friday’s non-farm payroll report. It seems that traders have paused a lot of buying of […]
Silver Very Undervalued From Historical Perspective Of Ancient Greece
What wages in ancient Athens can tell us about the silver price today Wages paid in silver in ancient Athens compared to wages today Silver massively undervalued compared to the past few thousand years The cost of building the Parthenon was 469 silver talents, or about £5.6m. by Dominic Frisby Today we look at the wages […]
G20: Accommodating America
This is an unusual time. The US has often played a leading role in shaping the global financial architecture.As a result of last year’s election, the US appears to be defecting from that global system that it helped build, while others, who often seem to chafe under US leadership, are defending it. The G20 finance ministers and central […]
Signet Jewelers Ltd. Posts Mixed Q4 Earnings & Offers A Weak Outlook
Written by StockNews.com Signet Jewelers Ltd. (NYSE: SIG) early Thursday [Mar 9, 2017 | 7:08am] posted mixed fourth quarter earnings results and offered a weak outlook for the current year, as both mall-based and online sales continue to struggle. The Bermuda-based jewelry retailer, which operates the Kay, Sterling, and Zale brands, reported adjusted Q4 earnings per […]
Thursday – Oil Failure Drags Down The Markets
Well that was kind of obvious. As I noted for Reuters yesterday morning: “OPEC has unrealistic expectation as to what their production cuts can achieve, U.S. production over the next two years is expected to wipe out much of the OPEC cuts.” Yesterday afternoon, despite the 5% sell-off in oil during the day, I told our […]
Energy Credit Risk Soars As Crude Carnage Continues
Just when you thought it was safe to go all-in on energy stocks, credit, and commodities because, well, what could go wrong; crude’s collapse in the last few days (amid record long speculators) has smashed Energy credit markets and sent high-yield bond prices cratering. WTI Crude collapsed to a $48 handle at its lows today… Sending […]
Oil Price Forecast: Is The Bear On The Way Back?
Oil prices have spent much of the past 24 hours heading-lower, falling below a key psychological level at $50/brl and a 17+ year trend-line that’s held as support in WTI since mid-December. The catalyst appeared to be a comment from oil magnate Harold Hamm; who warned that U.S. production growth ‘is going to have to […]
Import And Export Price Year-over-Year Inflation Again Significantly Grows In February 2017
Import and export price growth continues after years of deflation. Analyst Opinion of the Import / Export Price Situation Yikes – seems like inflation is rampant? The elephant in this significant inflation is fuel / oil. If one ignores these commodities, the year-over-year inflation rate for imports and exports is almost zero. Import Oil prices […]
EUR/USD: Trading The US Nonfarm Employment Change
US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Indicator Background Job creation is one of the most […]
Why We Like Japanese Small Caps Now
The last decade has not been a great time to be an investor in international stocks, but small-cap stocks internationally outperformed large-cap stocks, and Japanese small-cap stocks (WisdomTree Japan SmallCap Dividend Index) on a dividend-weighted basis actually outperformed the large-cap, market capitalization-weighted index (MSCI Japan Index)” by over 400 basis points (bps) per year over the last decade. As value-oriented investors, we often believe in […]
