Great Graphic: China Market Cap Surpasses Japan
Nov 28, 2014
Jeremy Parkinson
Entertainment
This Great Graphic, composed on Bloomberg, shows that China’s market capitalization (white line) is greater than Japan’s (yellow line). This is the consequence of two forces. Click on picture to enlarge First, the Chinese stock market has easily outperformed Japanese stocks this year, and by a wide margin. The Shanghai Composite is advanced 26.8% this year and […]
Today’s Dow – America In A Nutshell
Nov 28, 2014
Jeremy Parkinson
Entertainment
All consumption… no production… Dow Jones Industrials points…
Dividend Aristocrats In Focus Part 47: Bemis
Nov 28, 2014
Jeremy Parkinson
Entertainment
Bemis (BMS) is one of the most unknown Dividend Aristocrats. It does not have the instant name recognition that fellow Aristocrats McDonald’s (MCD),Coca-Cola (KO), or Wal-Mart (WMT) have. Bemis is a global packaging manufacturing with a market cap of just under $4 billion; very small for a Dividend Aristocrat. The company has paid increasing dividend for 31 consecutive years and […]
Oil And Markets
Nov 28, 2014
Jeremy Parkinson
Entertainment
Bloomberg news points to continued trends in oil production and prices. Yves Smith also comments here. …Conventional oil producers in OPEC can no longer dictate prices, United Arab Emirates Energy Minister Suhail Al-Mazrouei said in an interview on Nov. 26. Newcomers to the market who have the highest costs and created the glut should be the ones […]
If It Walks Like Deflation And Talks Like Deflation . . .
Nov 28, 2014
Jeremy Parkinson
Entertainment
Call me crazy, but there seems to be a lot of chatter devoted to convincing us that we’re not in a deflationary spiral. One of the main rationales behind QE was that quintupling the size of the Federal Reserve’s balance sheet was necessary to engineer a “healthy” rate of inflation of at least 1-2%. Let’s see what […]
A Fractured Misconception
Nov 28, 2014
Jeremy Parkinson
Entertainment
Amongst the permabulls of our race – which is basically everybody at this point – there’s this empty-headed notion that as crude oil prices plunge (an event I predicted repeatedly here on Slope), cheaper gas would make the economy boom even more. I’ve read this sentiment so often that I just had to same something – in case you […]
Insider Trading Report Edition #232: Notable Buys And Sales
Nov 28, 2014
Jeremy Parkinson
Entertainment
Welcome to edition 232 of Insider Weekends. Insider buying decreased last week with insiders buying $59.33 million of stock compared to $68.12 million in the week prior. Selling increased a little with insiders selling $1.73 billion of stock last week compared to $1.69 billion in the week prior. Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total […]
3 Retail Stocks To Add To Your Black Friday Shopping List
Nov 28, 2014
Jeremy Parkinson
Entertainment
For those who took a nap after the turkey dinner yesterday and missed out on the early Black Friday sales that started at some stores on Thursday night, the world is not lost yet. Black Friday is THE shopping day of the year when retailers start giving out eye-popping discounts for the season. It has […]
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Amgen And AstraZeneca Announce Positive Results For Psoriasis In A Late-Stage 3 Study
Nov 28, 2014
Jeremy Parkinson
Entertainment
On November 25, 2014 Amgen (AMGN) and AstraZeneca (AZN) announced positive results in a phase 3 study dealing with patients with moderate-to-severe plaque psoriasis. The phase 3 trial was known as the AMAGINE-2 trial and was evaluating the experimental drug brodalumab against Stelara and a placebo drug. The trial showed that Amgen and AstraZeneca’s drug […]
Thankful For Inflation? Turkey Day Dinner Is Up 6,000% Since 1909
Nov 28, 2014
Jeremy Parkinson
Entertainment
While not hyperinflating, the slow and insidious diminishment of the fiat US Dollar’s purchasing power(and thus the living standards of lower- and middle-class Americans – who are not balls deep invested in the US stock ‘market’) is nowhere more evident than in the soaring costs of Thanksgiving Day dinner during the Fed’s 100 year reign… In 1909… Thanksgiving […]