German Unemployment Falls
Nov 30, 2014
Jeremy Parkinson
Entertainment
The German economy is the largest within the Eurozone bloc and the wider EU and is often described as the powerhouse of Europe. Whilst unemployment across the EU is very uneven, the German economy has managed to create strong demand for workers. Seasonally adjusted data from Germany’s Federal Statistics Office (FSO) shows that unemployment eased […]
OPEC Presents: QE4 And Deflation
Nov 30, 2014
Jeremy Parkinson
Entertainment
Thinking plummeting oil prices are good for the economy is a mistake. They instead, as I said in The Price Of Oil Exposes The True State Of The Economy point out how bad the global economy is doing. QE has been able to inflate stock prices way beyond anything remotely looking fundamental, but energy prices have now […]
Black Friday Spurs Economy
Nov 30, 2014
Jeremy Parkinson
Entertainment
Consumers await Black Friday months in advance and make plans to be at the head of the crowd at their favorite department store. Some stores open their doors at midnight, others at 6:00 am. For shoppers, it is an opportunity to cash in on the biggest bargains of the year. But for retailers, it is […]
Four Years Of Bootstrapping, Hustling, And No Pay: Here’s PocketMath’s Journey To $10M
Nov 30, 2014
Jeremy Parkinson
Entertainment
After pivoting about five times in 2011, PocketMath co-founder Casey Grooms stumbled upon the concept of real-time bidding by chance at a party. Singapore-based self-serve mobile advertising platform PocketMath announced earlier this week the raising of a US$10 million series A funding round from Rakuten Ventures – what it claims to be one of the largest series A rounds […]
Weekly Forex Forecast For Nov. 30, 2014
Nov 30, 2014
Jeremy Parkinson
Entertainment
The AUD/USD pair fell rather significantly during the course of the week, slamming into the 0.85 handle. Now that it appears that we are getting ready to break down below it, I feel that the Australian dollar will continue to lose value going forward. It’s probably only a matter of time before we test the […]
At Current Prices Bakken And Permian Basin Are In The Red
Nov 30, 2014
Jeremy Parkinson
Entertainment
Although OPEC’s decision to maintain current crude production quotas was not entirely unexpected (see post), the market reaction was violent. WTI crude fell by 10% over the last two days of the week. At $66 per barrel North American producers have real problems on their hands. While Eagle Ford is still profitable, […]
Weighing The Week Ahead: Time To Digest?
Nov 30, 2014
Jeremy Parkinson
Entertainment
Last week’s economic data included many reports but a similar message: Continuing growth, but a touch less than hoped for. The big news came from the energy markets and the plunge in oil prices after the OPEC meeting. The knee-jerk reaction was to sell anything related to energy. This is surprising for several reasons: The […]
25 Accounting Terms You Should Know
Nov 30, 2014
Jeremy Parkinson
Entertainment
It’s back-to-school time. Why not take a page from the kids’ books and do some learning of your own? QuickBooks is easy to use, intuitive and flexible. But it is not an accounting manual or class or tutorial. If your business is exceptionally uncomplicated, you might get by without knowing a lot about the principles of […]
Outside The Box: Stray Reflections
Nov 29, 2014
Jeremy Parkinson
Entertainment
Today’s Outside the Box is special, because I’m about to give you a preview of things to come at Mauldin Economics. For months now I have been saying to my partners that we need to develop a service for the professionals who read me – the financial advisors, portfolio managers, family offices… you know who […]
Avoiding Capital Gains When You Sell Your Home
Nov 29, 2014
Jeremy Parkinson
Entertainment
The average family selling a home for the first time and moving on to another home or newer town will not need to worry about capital gains. According to the IRS, when you sell your primary residence (the key word here is primary residence or the home you actually live in), you can realize up […]