Author Archive: Jeremy Parkinson
3 Strong Buy Goldman Sachs Mutual Funds
With more than $1 trillion assets under management, Goldman Sachs Asset Management (GSAM) prides itself in having more than 2,000 professionals across 33 offices worldwide, since its inception in 1869. GSAM offers financial services including investment and advisory solutions along with risk management expertise to institutional and individual investors throughout the globe. With its global […]
February 2016 New Home Sales Improve?
Written by John Lounsbury and Steven Hansen The headlines say new home sales improved from last month – and is in contraction year-over-year. The rolling averages smooth out much of the uneven data produced in this series – and this month there was a significant decline in the rolling averages. This data series is suffering from methodology issues. Econintersect analysis: […]
Stocks Stumble After Fed’s Bullard Raises Mutiny Concerns, Signals April “Live”
US equities are stumbling this morning, giving their bullish terrorism gains, as oil slides and voting FOMC member Jim Bullard appears to raise the specter of mutiny in the Eccles Building. Speaking on Bloomberg TV, he suggested he wanted to withdraw from the dot-plot forcecasts adding that he believes Fed policy is merely “in reasonably good […]
This Game’s Almost Over: Central Banks Are Running Out Of Options
Going into last week’s Fed meeting, the general consensus was that they would not raise rates. When they hiked rates by a quarter point in December, they projected there would be four additional quarter-point raises in 2016. That’s starting to look fishy as we’re almost a quarter of the way through the year and there’s still no […]
Silver Price Gives Back Near 61.8% Of Last Week’s Gains
Silver prices have nearly given back 61.8% of last week’s gains and the main motivator for the rally on March 16 was the set of dovish comments that emerged from the Federal Reserve. The central bank lowered the amount of rate hikes that they are now expecting to implement in 2016. Specifically, they referenced that […]
Gold Vs…
The pullback is on in the gold sector. We have very clear parameters for what would constitute another flash pullback and what would be a healthy correction. The former can last a day or two, and the latter several weeks. Today another flash pullback is happening but unlike on previous occasions, I am not planning […]
Uncharted Waters. Negative Interest Rates Bring Risk And Uncertainty
Banking is a business and for generations the retail banking system has thrived on a profit model where they hold, sell and lend money for a percentage or a return. Like most businesses, the banking sector has always competed for customers with various monetary incentives like interest free checking, cash bonuses, and other perks to […]
What Can Finish Line Do To Revitalize Earnings?
Photo Credit: Mike Mozart Finish Line, Inc. (FINL) Consumer Discretionary – Specialty Retail | Reports March 24, Before Market Opens Key Takeaways The Estimize consensus calls for EPS of $0.81, 1 cent below Wall Street, with revenue expectations of $569.23 million, about $2 million less than the Street Finish Line is looking to reconcile some of its […]
General Mills Beats Q3 Earnings; Misses Sales
General Mills, Inc. (GIS – Analyst Report) is easily a leading manufacturer and marketer of branded consumer foods sold through retail stores. The company’s core brands like Big G cereals, Betty Crocker and Hamburger Helper dinner mixes, Pillsbury refrigerated dough products, Progresso soups and Yoplait yogurt enjoy leading positions in attractive food categories. However, much like the […]
E The Daily Shot And Data – March 23, 2016
We begin with the United States where even the more dovish Fed officials such as Evans are now preparing the markets for at least two rate hikes in 2016. Source: Chicago Tribune Here is the 10y note futures contract declining in response to this messaging from the Fed. Source: barchart The market is still assigning […]
