Adding To Merkel’s Woes: SPD’s Collapse In Germany, Greens The New Left Darlings
Oct 20, 2018
Jeremy Parkinson
Finance, No picture
Support for Merkel’s coalition partner SPD is in a state of collapse. And it’s not just a single poll. Greens the Big Beneficiary in SPD Collapse Support for Merkel’s coalition partner SPD is in a state of collapse. Four consecutive polls have SPD at 14%. The Green party is at 21% in the latest poll […]
Self Sufficiency Over Adversity
Oct 20, 2018
Jeremy Parkinson
Finance, No picture
Shane Parrish tweeted out the following quote; “Intentional living is the art of making our own choices before others’ choices make us.” — Richie Norton The term intentional living is a little buzzwordy versus just saying that living the life you want is the art of making our own choices before others’ choices make us. This is a […]
Three Easy Fixes To Social Security And Medicare
Oct 20, 2018
Jeremy Parkinson
Finance, No picture
Video length 00:03:25 Republicans would love to get rid of Social Security and Medicare. But they can’t, because Social Security and Medicare are among the most popular of all federal programs. Besides, most Americans have been paying into them their whole working lives, and depend on them. So how will Republicans attempt to end these […]
The Latest In Crypto
Oct 20, 2018
Jeremy Parkinson
Finance, No picture
Crypto News & Analysis International Business Machines (IBM) has scheduled a demonstration of their own version of a blockchain based, global transfer, rapid payment platform. They have named it ‘The Blockchain World Wire'(BWW). Unlike Ripple’s xRapid platform, IBM’s system can handle cross border transactions with any cryptocurrency as a medium of exchange. Whereas it has […]
Stock Market Outlook For The Rest Of 2018
Oct 20, 2018
Jeremy Parkinson
Finance, No picture
Last week we talked about whether this current market downpour was a pullback, correction or start of a bear market. And whether we were already seeing the end of the pain before a lasting bounce takes place. Yet discussions like these are often missing the main point. That’s because in the short run, the market has […]
Forex Weekly Outlook October 22-26 – US GDP Slowdown And The Draghi Show
Oct 20, 2018
Jeremy Parkinson
Finance, No picture
Currencies wobbled in a week that saw a failed EU Summit on Brexit and mixed economic data from the US. What’s next? A first look at Q3 GDP in the US, and rate hikes from the ECB and the BOC stand out. Here the highlights for the next week. US retail sales disappointed with an […]
ECRI Weekly Leading Index Update – Saturday, Oct. 20
Oct 20, 2018
Jeremy Parkinson
Finance, No picture
Friday morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 147.4, down from the previous week’s 148.5. Year-over-year the four-week moving average of the indicator is now at 2.17%, down from last week. The WLI Growth indicator is now at 0.12, also down from the previous week. “Outsized […]
The Retirement Challenge Facing High Salaried Workers
Oct 20, 2018
Jeremy Parkinson
Finance, No picture
I want to share with you a scenario that I’ve encountered several times when doing retirement planning for high salaried individuals, especially legal and medical professionals. All too often I see these clients not begin saving for retirement early enough and not putting enough away when larger paychecks start rolling in. How Saving for Retirement […]
USDCAD Weekly Analysis – Saturday, Oct.20
Oct 20, 2018
Jeremy Parkinson
Finance, No picture
USDCAD is facing the resistance of the falling trend line on the daily chart. As long as the trend line resistance holds, the bounce from 1.2782 could be treated as consolidation for the downtrend, and another fall towards 1.2650 is still possible. On the upside, a breakout of the trend line resistance would indicate that […]