AUD/USD Weekly Analysis – Tuesday, Oct. 9
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
AUD/USD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.7314. As long as the trend line resistance holds, the bounce from 0.7041 could be treated as consolidation for the downtrend. Further decline could be expected after the consolidation and a breakdown below 0.7041 support could take the […]
High Yield Dividend Champion Portfolio October Update
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
The High Yield Dividend Champion Portfolio is a publicly tracked stock portfolio on Scott’s Investments. The goal is to capture quality high yield stocks with a history of raising dividends. The screening process for this portfolio starts with the “Dividend Champions” as compiled by DRIP Investing. The list is comprised of stocks that have increased their dividend payout for […]
Donegal Group Insures Americans Working & Commuting
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
The financial services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns. Today I’m reviewing a small-cap insurance – property & casualty firm named Donegal Group Inc. It’s trading ticker symbol is DGICB. Donegal Group Inc is a US-based […]
World Markets Update – Tuesday, Oct. 9
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
Four of eight indexes on our world watch list have posted gains through Monday, October 8, 2018. The top performer this year is our own S&P 500 with a gain of 7.89%. In second is Tokyo’s Nikkei 225 with a gain of 4.48%. In third is India’s BSE SENSEX with a gain of 1.96%. Coming […]
China Reopens With Another Dollar Warning
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
It’s one of those useless explanations that while technically true tells us nothing of value about the situation. The Chinese are never boring when coming back from a Golden Week holiday. This weekend was no exception, China’s reopening bringing with it the news of yet another cut in that country’s bank reserve requirement ratio (RRR). […]
USD/CAD Daily Analysis – Tuesday, Oct. 9
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
USD/CAD failed to break above the falling trend line on the 4-hour chart and pulled back from 1.3009. Near term support is at 1.2920, as long as this level holds, another rise to test the trend line resistance is still possible and a breakout could take the price to 1.3100 area. On the downside, a […]
China Spy Chips In U.S. Hardware: 3 Security Stocks In Focus
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
An alarming Bloomberg BusinessWeek report last week claiming that major American corporate giants were under the Chinese government’s surveillance via a minute chip implanted in U.S. hardware, took the country by storm. The companies facing the heat directly are none other than Apple (AAPL – Free Report) and Amazon (AMZN – Free Report). The data center equipment of these giants are […]
Inflation Target Regrets
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
For the past decade, central bankers have been pursuing a fatuous and dangerous inflation target of about 2%. Well, now that it has been pretty much achieved on a global basis, the cacophony of their remorse is going to be deafening. Beginning this fall, and continuing throughout 2019, the stock market’s performance should be vastly […]
Economics Nobel 2018: William Nordhaus And Paul Romer
Oct 09, 2018
Jeremy Parkinson
Finance, No picture
Both William Nordhaus and Paul Romer are deserving of a Nobel Prize in Economics, but I was not expecting them to win it during the same year. The Nobel committee found a way to glue them together. Nordhaus won the prize ““for integrating climate change into long-run macroeconomic analysis,” while Romer won the prize “for integrating […]
Towards The Asset-Light Economy
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
The last two decades of low-interest rates have seen a vast increase in the world’s stock of assets, measured at market value, largely matched by a corresponding increase in debt. However, the increase has not raised global productivity growth, which has slowed as the asset glut has increased. This points to a core economic secret: […]