What Caused The Financial Crisis?
Sep 16, 2018
Jeremy Parkinson
Finance, No picture
Sad but true — the financial crisis was all about bad monetary policy, a housing bubble, and poor bank risk management There are a lot of opinions being trotted around ten years after the financial crisis. A lot of them are self-serving, to deflect blame from areas that they want to protect. What you are […]
USD/JPY Forecast Sept. 17-21 – Dollar Is King, But The Yen Is Plotting A Coup
Sep 16, 2018
Jeremy Parkinson
Finance, No picture
Dollar/yen advanced nicely as trade wars took a step back, US yields climbed and the Fed remained hawkish. But not everything is going in favor of the pair. USD/JPY fundamental movers The deadline came and went and the US did not impose new tariffs on China. On one hand, Trump threatened to add additional ones. On the other […]
Looking For Value & Earnings Growth? 4 Retail Gems For You
Sep 16, 2018
Jeremy Parkinson
Finance, No picture
“It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” – Warren Buffett Smart investors often consider value style as one of the most effective approaches. In value investing, the focus is on stocks that are trading below their inherent worth but are fundamentally […]
Euro Forecast: After ECB Holds, Italy To Come Back Into Focus For Euro
Sep 16, 2018
Jeremy Parkinson
Finance, No picture
Fundamental Forecast for EUR/USD: Neutral The European Central Bank continues to aim for ending its QE program in December, then raising rates by the end of “summer 2019”, citing “receding” uncertainty around its inflation outlook. Any goodwill provided by the ECB’s confidence in its policy path was quickly erased by Friday as concerns over the […]
Is Janet Yellen Just Trolling Donald Trump Now?
Sep 16, 2018
Jeremy Parkinson
Finance, No picture
Back in July, in an interview with CNBC’s Joe Kernen, Donald Trump lamented the fact that relatively hawkish Fed policy is indirectly helping America’s trade partners weather the tariff storm. “I’m not thrilled because we go up and every time you go up they want to raise rates again”, the President said, adding that while he’s […]
Yellen Wants Fed To Commit To Future Booms To Make Up For Busts
Sep 15, 2018
Jeremy Parkinson
Finance, No picture
Former Fed Chair Yellen promotes “Lower for Longer”, a policy in which the Fed knowingly keeps interest rates too low. Here’s the asinine policy proposal of the day: Fed Should Commit to Future ‘Booms’ to Make Up for Major Busts. The U.S. Federal Reserve should commit to letting economic booms run on enough to fully […]
Sept. 15th 2018 Week In Review: How Trump’s Policies Moved Stocks
Sep 15, 2018
Jeremy Parkinson
Finance, No picture
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. JPMORGAN’S DIMON: Following JPMorgan (JPM) CEO Jamie Dimon’s remarks Wednesday that he could beat Donald Trump in […]
ECRI Weekly Leading Index Update – Sept. 15
Sep 15, 2018
Jeremy Parkinson
Finance, No picture
Friday morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 148.0, down slightly from the previous week. Year-over-year the four-week moving average of the indicator is now at 3.05%, up from last week. The WLI Growth indicator is now at 0.0, also up from the previous week. “Outsized […]
Forex Forecast And Cryptocurrencies Forecast For Sept. 17-21
Sep 15, 2018
Jeremy Parkinson
Finance, No picture
First, a review of last week’s events: EUR/USD The dollar was under pressure for all five days, the difference between the weekly high and the low was about 200 points. Nothing special was said at the press conference following the ECB meeting, the plan to tighten the Eurozone monetary policy remained unchanged. Therefore, the main […]
Forex And Cryptocurrencies Forecasts For Sept. 17-21
Sep 15, 2018
Jeremy Parkinson
Finance, No picture
First, a review of last week’s events: EUR/USD The dollar was under pressure for all five days, the difference between the weekly high and the low was about 200 points. Nothing special was said at the press conference following the ECB meeting, the plan to tighten the Eurozone monetary policy remained unchanged. Therefore, the main […]