Dollar Pressured Despite Upbeat NFP
Apr 04, 2016
Jeremy Parkinson
Finance
Despite an upbeat labor report last Friday, the US Dollar continues to be under some heavy pressure as market expectations of a rate hike in this calendar year wane. By the conclusion of last week, the greenback had recorded its worst week since February, losing nearly 2% of its value, thanks in large part to […]
How Renminbi Funds Took Over Chinese Private Equity (Part 2)
Apr 04, 2016
Jeremy Parkinson
Finance
<< Read More: How Renminbi Funds Took Over Chinese Private Equity (Part 1) Gresham’s Law, as many of us were taught a while back, stipulates that bad money drives out good. There’s something analogous at work in China’s private equity and venture capital industry. Only here it’s not a debased currency that’s dominating transactions. Instead, it’s […]
Apple Price Target Lowered To $155 From $170 At Brean Capital
Apr 04, 2016
Jeremy Parkinson
Finance
Brean Capital analyst Ananda Baruah lowered his price target for Apple (AAPL) to $155 from $170 after adjusting his revenue, gross margin and earnings estimates through 2017. It may take until August before analysts appropriately adjust their estimates for iPhone SE volumes and overall iPhone unit growth in the June quarter, Baruah tells investors in […]
FTSE 100 Remains Stable After Friday’s NFP Report
Apr 04, 2016
Jeremy Parkinson
Finance
On Friday, the FTSE 100 (FXCM: UK100) slipped by 1.26% from Thursday’s close, but managed to fully recuperate its losses by the end of the session. The losses were recuperated as the U.S. monthly labor report marginally beat expectations and the ISM Manufacturing Index beat expectations by a wide margin. The combination of a solid labor report, […]
Three Best Performing Equity Mutual Funds To Invest In April
Apr 04, 2016
Jeremy Parkinson
Finance
U.S. stocks had an awfully bad first six weeks this year in which investors fled from stocks and invested in safe haven assets, including government bonds and gold. A slump in oil prices and volatility running rampant in China’s financial markets dragged the broader markets down. However, oil prices bounced back in the last one […]
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The Daily Shot And Data – April 4, 2016
Apr 04, 2016
Jeremy Parkinson
Finance
Greetings, This morning we start with Friday’s US employment report which showed continuing improvements in the nation’s labor markets. Here are some highlights. Labor force participation and employment-to-population ratio rose as more Americans reentered the jobs market. Growth in US labor force finally exceeded the population growth. With more people now looking for work, […]
A Weak US Dollar Only Postpones ‘The Day Of Reckoning’ – RBS
Apr 04, 2016
Jeremy Parkinson
Finance
The “Day of Reckoning” for the global economy is nigh, says RBS, and the weak USD just postpones it. What’s next? Here is their view: Here is their view, courtesy of eFXnews: The Fed’s shift toward a more growth-friendly stance ought to be helpful in mitigating the downside risks to the world economy in the […]
Morning Call For April 4, 2016
Apr 04, 2016
Jeremy Parkinson
Finance
OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM16 +0.27%) are up +0.24% at a 3-month high and European stocks are up +1.15% on positive carryover from Friday’s U.S. employment and manufacturing data that showed the economy was strengthening. Stocks also rose and Jun T-note prices climbed to a 1-month high on speculation that global central […]
If All Investments Were Private
Apr 04, 2016
Jeremy Parkinson
Finance
This piece is another one of my experiments, please bear with me. “Measure Twice, Cut Once” — A very intelligent woman (I suspect) whose name never got recorded the first time it was uttered “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” — Warren Buffett […]
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Revisiting The Big Picture On The Economy
Apr 04, 2016
Jeremy Parkinson
Finance
As many of you know, I call readers everyday looking for fresh market intelligence and new ways to improve my service. Yesterday, I spoke to a seven-year follower who inspired me to write this piece. She was thinking of quitting the stock market and not renewing my newsletter. A 50 year market veteran who grew […]