Author Archive: Jeremy Parkinson
E Global Investing Update
PM Abe of Japan will probably call a snap election after dissolving the Diet. China caused waves across our portfolio. First of all, in an admission that something was needed to set GNP growth back on track, China cut interest rates in a new stimulus initiative. Then some of the details of the deal on cutting carbon emissions […]
Why College Is Necessary But Gets You Nowhere
This is the time of year when high school seniors apply to college, and when I get lots of mail about whether college is worth the cost. The answer is unequivocally yes, but with one big qualification. I’ll come to the qualification in a moment but first the financial case for why it’s worth going […]
Russia Moves Toward Increasing Economic Freedom
Kremlin Factions and the Enemies of Socialism Well, isn’t that a shocker. With Russia’s economy under serious threat from Western economic sanctions and falling oil prices, a major Kremlin faction has quite unexpectedly gotten some wind behind its sails. In essence, there are two economic viewpoints that are supported in the Kremlin: one is represented […]
Downgraded: The Macro Outlook In Wisconsin
The Department of Revenue’s Wisconsin Economic Outlook, released last week, details a noticeable deterioration in forecast performance, in just the eight months. Figure 1: Real personal income (bn Ch.09$, SAAR) (thick blue, thick red), and forecast from March 2014 (Winter 2014 issue) (light blue), and November 2014 (Fall 2014 issue) (light red). Source: Wisconsin Economic Outlook, Winter 2014 and Fall 2014 issues. […]
Rickards: Fed Won’t Raise Rates In 2015
Since Janet Yellen’s Federal Reserve has put an end to quantitative easing, the financial media generally believes the United States economy is improving. With an improving economy, the expectation is that Yellen will begin to raise interest rates in 2015. So goes the argument against an improvement in the gold market. However, many analysts aren’t […]
5 Stocks To Watch This Week 11-24-14
Monday – Palo Alto Networks Network security company Palo Alto Networks (PANW) is set to report earnings on Monday after the market closes. Contributing analysts on Estimize are expecting Palo Alto Networks to top the Wall Street EPS consensus by a penny per share on the bottom line and slightly over $4 million (2.4%) in […]
E Weekly ADR Report
The average return of our best scoring ADRs from 1-year ago (11/25/2013) returned 3.87% in the past year, with no turnover. That generated 393 bps of excess to the MSCI EAFE index. The best performers from our list last year include SIG up 62%, SHPG up 53%, and SNN up 34%. The average score is […]
Gold & EUR Drop After ECB’s Coeure Counters Weidmann’s Warnings
More of the same blather from Europe as following Weidmann’s earlier comments with regard the high-hurdles that the ECB still faces over sovereign QE, Coeure has come out to counter that by noting that the ECB does not have to see deflation to act and that they want to have a discussion of asset-purchases next week. EUR faded […]
Market Commentary: Averages Trading Sideways, Direction Not Well Defined
Written by Gary The morning session remained elevated and in the green, but traded sideways as volume fell to low levels. By noon there was no indications, bullish or bearish, which way the market might go. I suspect with the holidays coming up, we will see the markets become quieter and less volatile. Our medium term […]
Can Artificial Intelligence Be The Death Of Google
When my mother, who didn’t own a mobile phone, or a computer and had never been on the internet asked me if she should invest in Google at the time of their IPO I told her that I thought she should invest in companies she understood and was interested in. Kind of a dodge, but […]
