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 […]
Dividend Income Update September 2018
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
The beginning of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time […]
NFIB Small Business Survey: September Update
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for September came in at 107.9, down 0.9 from the previous month. The index is at the 99th percentile in this series. Today’s number came in below the Investing.com forecast of 108.9. Here is an excerpt from the opening summary of the […]
Sensex Ends 174 Points Lower; Rupee Hits Lifetime Low Of 74.27 Against USD
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
After trading on a volatile note throughout the day, share markets in India witnessed selling pressure during the closing hours and ended the day in red. All sectoral indices traded in red, with stocks in the energy sector and consumer durables sector leading the losses. At the closing bell, the BSE Sensex stood lower by 174 points (down 0.5%) and the NSE Nifty closed down […]