Valuations Matter – Even For Millennials
Aug 24, 2017
Jeremy Parkinson
Finance
I recently wrote a blog discussing some of the fallacies and myths surrounding “real” long-term investing especially as it relates to young millennial investors. The valuation levels when you start investing, have everything to do with the ultimate outcomes. You can read the full article here: (Video length 00:07:53)
Looking To The Weight Of The Evidence
Aug 24, 2017
Jeremy Parkinson
Finance
Stocks pulled back a bit yesterday in response to Donald Trump’s threat to shut down the government if he didn’t get his border wall. On this topic, it is important to note that (a) the government is slated to run out of money on October 1 and (b) the House has already approved $1.6 billion […]
5 Reasons To Sell TGT Before It’s Too Late
Aug 24, 2017
Jeremy Parkinson
Finance
#1 TGT benefits from a stellar dividend growth history and classic business model in order to maintain the interest of investors. #2 Many investors see TGT as being the opportunity of the year and claim it is clearly oversold. #3 On my side, all I see is declining revenues, margins under pressure and no growth […]
More Currency Wars: Forint Plunges As NBH Loses Patience
Aug 24, 2017
Jeremy Parkinson
Finance
Ok, who was short the forint going into today? EURHUF exploded higher on Thursday after the National Bank of Hungary told Bloomberg, in response to e-mailed questions, that the central bank is “closely examining the possibility to apply further unconventional policy tools.” Apparently, a change in the final sentence of the statement that accompanied the bank’s decision […]
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We Should Not Be Surprised That The Phillips Curve Has Broken Down
Aug 24, 2017
Jeremy Parkinson
Finance
It takes a long time for economists to recognize and concede that a theory is no longer valid. This is certainly the case when it comes to understanding the relationship between falling unemployment rates and wage gains—- the Phillips curve made famous by William Phillips in the 1960s. The curve has become a cornerstone of […]
July 2017 Headline Existing Home Growth Slows Again
Aug 24, 2017
Jeremy Parkinson
Finance
The headline existing home sales growth slowed with the authors saying “Contract activity has mostly trended downward since February and ultimately put a large dent on closings last month”. Our analysis of the unadjusted data agrees. Analyst Opinion of Existing Home Sales The rolling averages have been slowing in 2017 – so it is easy […]
Existing-Home Sales: July Sales Down Again
Aug 24, 2017
Jeremy Parkinson
Finance
This morning’s release of the July Existing-Home Sales decreased from the previous month to a seasonally adjusted annual rate of 5.44 million units and the June figure was revised downward by 10K. The Investing.com consensus was for 5.57 million. The latest number represents a 1.3% decrease from the previous month and a 2.1% increase year-over-year. Here is […]
3 Stocks Under $10 Worth Exploring
Aug 24, 2017
Jeremy Parkinson
Finance
Each investor is on the hunt for different things. For beginning investors, the lower the stock price the better. This is because most new investors don’t have a lot of money to invest with. They are looking to get the most shares for the least amount of money. For these investors, I present 3 hot […]
India’s Local Search Engine Justdial Needs To Dial Up Innovation
Aug 24, 2017
Jeremy Parkinson
Finance
India is estimated to have about 51 million small and medium businesses, out of which only 32% are online. Local business listing service Justdial (NSE: JUSTDIAL) has long benefited from the unorganized nature of the Indian business world. Justdial’s Journey Justdial was founded in Mumbai as a local search service provider in 1996 by CEO VSS Mani. […]
Gold Misses Breakout Opportunity
Aug 24, 2017
Jeremy Parkinson
Finance
Last week, gold failed to effectively breach the $1,300 level. What does it mean for the gold market? On Friday, gold hit intraday $1,306 at Comex, a level not reached since the Election Day. However, the rally turned out to be unsustainable, as the rebound in the U.S. dollar exerted downward pressure on the yellow metal. […]