The State Of The Millennial Entrepreneur
Mar 30, 2016
Jeremy Parkinson
Finance
The life of a millennial entrepreneur can feel like the wildest of roller coaster rides; requisite with screaming, bravery mixed with extreme fear, shaking tracks, and downward loops and spirals. “Entrepreneur” sometimes seems like shorthand for hard struggles and disappointment with the faint glow of achievement hovering above the horizon like a mirage. The truth […]
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Is America’s Economy Shooting Blanks?
Mar 30, 2016
Jeremy Parkinson
Finance
It always helps to make a good first impression, especially to the father of the girl you’d like to date. An impressive resume can do the trick. That was certainly the case in the 1997 dark humor classic Grosse Pointe Blank. If you don’t happen to recall the exchange between John Cusack’s character, Martin Q. […]
ADP Report Won’t Cause Payroll Revisions For Friday
Mar 30, 2016
Jeremy Parkinson
Finance
Stocks are indicated to start today’s session in positive territory, with continued Fed-inspired optimism helping sentiment at the open. The positive labor market reading is helping matters as well, as it indicates a best of both worlds for market participants. This morning’s jobs report from payroll processor ADP (ADP – Analyst Report) matched expectations. This report, which […]
BlackBerry Ltd Earnings Preview: Investors Optimistic
Mar 30, 2016
Jeremy Parkinson
Finance
We’re expecting BlackBerry (BBRY) earnings on Friday before opening bell, and at least for now, investors appear to be optimistic. BlackBerry stock moved up by more than 3% today on the NASDAQ, reaching as high as $8.14 per share after solid gains on Tuesday as well. What to expect in BlackBerry earnings Raymond James analyst […]
My “Wisdom” On Index Funds
Mar 30, 2016
Jeremy Parkinson
Finance
Tadas Viskanta continues his series on “finance blogger wisdom” today discussing index funds. Specifically, he asks: Should we care that the percentage of assets in indexes is on the rise, or should we just sit back and enjoy the (low cost) ride? My answer was, um, not very thorough (again): Indexing requires active management in order to […]
4 Reasons Why Stock Splits Are Good
Mar 30, 2016
Jeremy Parkinson
Finance
You hear it time and time again. “Stock splits are meaningless.” Many very influential and successful investors have said it. Even Warren Buffett, maybe the most influential and successful investor of all, refused to split Berkshire Hathaway stock for over 30 years. But there are meaningful benefits to splitting stock. In this article I want […]
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Draghi And Germany Have A Secret Plan To Save The Eurozone
Mar 30, 2016
Jeremy Parkinson
Finance
Draghi, of the ECB, and Germany must have a secret plan to save the Eurozone. One cannot make sense of their actions without contemplating this plan. After all, Germany introduced a plan to weigh bonds, with bondholders potentially taking a haircut before bailout money can be approved for periphery banks. On the surface that would […]
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The Meteoric Rise & Sudden Fall Of Valeant Pharmaceuticals
Mar 30, 2016
Jeremy Parkinson
Finance
The world has started to realize that traditional pharmaceutical companies are not quite as boring as was once thought. Sure, they aren’t as sexy and cool as new tech and car companies are, but they have found a way to make major headlines in the past few years. The problem is, a good amount of […]
Dollar Biggest Loser As Dovish Stance Reigns
Mar 30, 2016
Jeremy Parkinson
Finance
The US Dollar was the trading day’s biggest loser in the wake of a surprisingly dovish Fed chairman. Expectations of a 2016 rate hike have been devastated and the US Dollar Index lost more than 1%. Earlier this week, the US Dollar Index had been riding at a 2-week peak on investors’ belief that interest […]
At The Gateway To A New Phase
Mar 30, 2016
Jeremy Parkinson
Finance
The market, despite weakening corporate profits and several other headwinds, has decided it liked what it heard from the Inflator in Chief yesterday as it has scored the game Janet Yellen 2, Hawks in Drag 1 and US dollar 0. Is it a final score? I am not sure how our hawkish transvestites can be […]