September Retail Sales: Up 0.1% MoM, Worse Than Forecast
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
The Census Bureau’s Advance Retail Sales Report for September was released this morning. Headline sales came in at 0.1% month-over-month to one decimal and was worse than the Investing.com forecast of 0.7%. Core sales (ex Autos) came in at -0.06% MoM (to two decimals). Revisions were made going back to 2017. Here is the introduction from today’s […]
Bet On These 3 High-Yield Mutual Funds For Healthy Gains
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
Those looking to invest in bonds rated lower than investment-grade can consider high-yield bonds or junk bonds. Mutual funds having significant exposure in high-yield bonds are expected to provide better returns than those investing in securities with higher ratings, including government and corporate bonds. Also, due to their higher-yield feature, junk bonds are believed to […]
Now Back To Our Regularly Scheduled Economy
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
The clock really was ticking on this so-called economic boom. A product in many economic accounts of Keynesian-type fantasy, the destructive effects of last year’s hurricanes in sharp contrast to this year’s (which haven’t yet registered a direct hit on a major metropolitan area or areas, as was the case with Harvey and Irma) meant […]
The End Of The Bull Market Is Overblown
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
With the recent drop in the stock market, many investors and analysts are calling this the end of the bull market. They are seeing a complete shift in the market and in the economy as a whole. But you don’t need to worry. The end of the bull market is overblown. Why do I say […]
You Can’t Eat Gold
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
“You can’t eat gold.” The enemies of gold often unleash this little zinger, as if it dismisses the idea of owning gold and indeed the whole gold standard. It is a fact, you cannot eat gold. However, it dismisses nothing. This gives us an idea. Let’s tie three facts together. One, you can’t eat gold. […]
Empire State Manufacturing Survey: Activity Grew In October – Monday, Oct. 15
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions at 21.1 was an increase of 2.1 from the previous month’s 19.0. The Investing.com forecast was for a reading of 20.4. The Empire State Manufacturing Index rates the relative level of general business conditions in New York state. A level above […]
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Markets Review: A Warning
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
A week after markets cheered the lowest level of US unemployment since the 1960’s, we are publishing a negative economic commentary for our readers, an exclusive from John Llewellyn, the former deputy economist of the Organisation for Economic Cooperation & Development in Paris, now running a London consultancy. He writes: It is not possible to […]
Sensex Ends 132 Points Higher; IT And Healthcare Stocks Witness Buying
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
After trading on a volatile note throughout the day, share markets in India witnessed buying interest during the closing hours and ended the day in green. Sectoral indices were trading on a mixed note, with stocks in the IT sector and healthcare sector leading the gains. At the closing bell, the BSE Sensex stood higher by 132 points (up 0.4%) and the NSE Nifty closed […]
BTC/USD Forex Signal – Monday, Oct. 15
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
Last Thursday’s signals were not triggered, as none of the key levels were reached that day. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be taken before 5pm Tokyo time, over the next 24-hour period. Long Trades Go long after a bullish price action reversal on the H1 time frame following the next touch […]
Making The Case For The Gold Standard
Oct 14, 2018
Jeremy Parkinson
Finance, No picture
Video length: 00:18:29 Hey everyone, happy Friday! Hope you all have a great evening. Today we’re having a bit of an open discussion & presenting the argument for the revival of gold (and silver) standard of currency.