Chinese Goods – President Trump Threatens To Tariff $200 Billion Worth
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
Chinese Goods – Latest Tariff News President Trump told his aides to go ahead with the tariff on $200 billion worth of goods. Let’s be clear, these are tariffs on $200 billion worth of goods, not $200 billion in tariffs like the news media sometimes reports in an effort to either be succinct or make […]
Cannabis Stocks Rise Amid Interest By Coca-Cola, Opportunities For Shopify
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
Shares of cannabis stocks are in focus following a report that Coca-Cola (KO) is in talks with Aurora Cannabis (ACBFF) as it eyes the cannabis industry and an analyst note from Keybanc which said Shopify (SHOP) has cannabis potential. COCA-COLA EYES CANNABIS: Coca-Cola is monitoring the nascent cannabis drinks industry and is in talks with […]
U.S. Fixed Income Calendar: The Week Ahead
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
By Steven Levine Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the week beginning September 17.
GBP/USD Breaks Bearish Barrier On Bout Of Bullish Brexit Buzz
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
We’ve been tracking the regular drumbeat of Brexit headlines and as we noted last week (see “GBP/USD Back Above 1.30 as Barnier says Brexit Deal “Realistic” in 6-8 Weeks” for more), the tone of the public comments has suggested that a deal is growing more and more likely as the talks enter crunch time. Today, UK Finance […]
We Are All Speculators Now
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
When the herd thunders off the cliff, most participants are trapped in the stampede… One of the most perverse consequences of the central banks “saving the world” (i.e. saving banks and the super-wealthy) is the destruction of low-risk investments: we’re all speculators now, whether we know it or acknowledge it. The problem is very few of […]
Why You Should Not Be Surprised To See Higher Yields
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
(Audio length 00:14:59) Chris Temple joins me today to address the 10-year opening up over 3% (albeit it pulled back pretty quickly after the open). The fact is yields have been trending higher and there are a number of reasons why we think this trend will continue.
Learning The Right Lessons From 2008
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
Learning the right lessons from financial crises is tough. The 1929 stock market crash was blamed for all the ills of the Great Depression that succeeded it and led to two decades of regulation and socialism. In 1720, the British tried to stop all new company formations while the French gave up on finance altogether […]
Central Banks Have Gone Rogue, Putting Us All At Risk
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could. They can create money at will, and they have declared their “independence” from government. They have become rogue players in a game of their own. Excluding institutions such as Blackrock and […]
Helios And Matheson Plunges Amid Plans To Seek Approval For Reverse Stock Split
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
Shares of MoviePass parent Helios and Matheson Analytics (HMNY) continued their plunge on Monday after a filing with the Securities and Exchange Commission showed that the company will seek approval for an up to 1-for-500 reverse stock split. The filing follows Helios and Matheson’s 1-for-250 reverse stock split in July and comes amid the financial […]
Reality Check Now In Progress
Sep 17, 2018
Jeremy Parkinson
Finance, No picture
The long-awaited dose of reality from the massive and unprecedented financialization of the global economy has finally begun. Of course, those of us who understood from the start how healthy economies and markets naturally function, knew that a viable recovery from the fiscal and monetary excesses–which caused the great recession and financial crisis of 2008–was […]