The Phillips Curve Myth
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
It is a well-known belief that by means of monetary policy, the central bank can influence the rate of real economic expansion. It is also held that this influence, however, carries a price, which manifests itself in terms of inflation. For instance, if the goal is to reach a faster economic growth rate and a […]
US Unemployment Continues To Fall
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
The official level of unemployment for September in the USA has fallen to 3.7%, a level not seen for 49 years, since the time of the Hippies in 1969. The official unemployed figure, it must be recalled, relates to the number of people registered as unemployed and actively seeking work. Many economists regard an unemployment […]
A Wonderful Day For Reversal Traders In US Markets
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
A real game of two halves today in the US day trading session with the risk off sentiment expressed in the first half, duly replaced with a return to risk on, as the major US indices and exchanges reversed all the losses of the first part of the session to close near or above the […]
3 Best JP Morgan Mutual Funds To Buy
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
JPMorgan is one of the best financial management companies in the world. It has a legacy of investment management since 1865. The company pioneered innovative, inflation-protected municipal products. J.P. Morgan managed $1.68 trillion of assets as of Mar 31, 2018. The fund family has offices in more than 30 countries. Also, JPMorgan is one of […]
Storm Clouds On The Horizon
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
There are storm clouds on the horizon. Not only are we seeing oil production get shut down from Hurricane Michael, you have a warning from the International Monetary Fund (IMF) about trade wars potentially slowing growth and a warning from the International Energy Agency (IEA) that high oil prices could be doing damage to the global […]
‘There Are Clouds On The Horizon’: Why The IMF Just Slashed Their Global Growth Outlook
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
“Last April, at the time of our last World Economic Outlook, the world economy’s broad‑based momentum led us to project a 3.9 percent growth rate for both this year and next [but] considering developments since then, that number now appears overoptimistic”, Maury Obstfeld, the IMF’s Economic Counsellor and Director of Research said at a press conference […]
Deep-Value ETF Report: A Slightly Longer List
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
The search for deep-value plays in the ETF realm delivered a short list in August when markets were humming far and wide. Let’s take a fresh review of the landscape in the wake of recent selling, which has pinched nearly every corner of global stocks, bonds, and real estate securities. Commodities have fared better in recent weeks, […]
Euro Lower On Italy Budget Woes
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
The common currency Euro remained close to a 7-week trough as worries about the Italian budget persisted which raised new concerns within the European Union. Though spikes in yields on Italian bonds have recently been disregarded by FX market players, the current concerns over a possible economic slowdown in Italy coupled with global stock market […]
Oil Price Rally Boosts Electric Car Sales
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
Tesla’s competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids. All EV makers will have one common element that could help lift demand for battery vehicles—rising oil prices leading to fuel prices at four-year highs, which could […]
Morning Call For Tuesday, Oct. 9
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
Overnight Markets And News Dec E-mini S&Ps (ESZ18 -0.59%) this morning are down -0.39% and European stocks are down -0.38% at a 4-week low on a gloomier economic outlook. The IMF cut its global 2018 GDP forecast to 3.7% from 3.9% and ECB Governing Council member Vasiliauskas warned that the “risk of a sudden tightening of […]