3 Best Japan Mutual Funds To Buy In October
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
Japan’s economic output surpassed its full capacity, per a Bank of Japan (BOJ) estimate. Moreover, the output gap for the April-June quarter is highest since the October-December quarter of 2007. Moreover, in the second quarter of 2018, Japan’s economy expanded at its fastest pace in over two years. The world’s third-largest economy registered expansion after […]
Surefire Way To Reduce The Trade Deficit: Have A Recession
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
Trump is desperate to reduce the trade deficit. Perhaps his trade policies will do just that, via global recession. A prolonged global trade war will add fuel to a nasty global recession. But look at the bright side. It’s a surefire way to reduce imports more than exports. The bigger the recession, the bigger Trump’s […]
Treasury Snapshot: 10-Year Yield At 3.23%
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
Note: We’ve updated this commentary with data through Friday’s market close. Let’s take a closer look at recent activity in US Treasuries. The yield on the 10-year note ended Friday at 3.23% and the 30-year bond closed at 3.40%. The 2-10 yield spread is now at 0.24%. Here is a table showing the yields highs […]
BTC/USD Forex Signal – Monday, Oct. 8
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
Last Thursday’s signals were not triggered, as the bullish price action took place a little below the support level at $6,534. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be taken until 5pm Tokyo time, during the next 24-hour period. Long Trades Go long after a bullish price action reversal on the H1 time […]
An Interest Rate Generational Low
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
Interest Rates Being a trader for as long as I have been, provides me with a sense of historical significance not possible for newcomers to market speculation. I distinctly remember the high-interest rate periods of the 1970s and early 1980s. In fact, I remember the day the top of yields (and bottom of futures) was confirmed […]
5 Stocks To Gain From 49-Year Low Unemployment Rate
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
The jobless rate dipped two-tenths of a percentage point to 3.7% in September and touched its lowest level in nearly 50 years. Further, the initial job counts for August and July were revised substantially upward. The American economy is enjoying historical growth amid escalating trade tensions between the Republican administration and overseas countries, including China. […]
The Toxic Stew
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
Last week, we shined a spotlight on a crack in the monetary system that few people outside of Switzerland (and not many inside either) were aware of. There is permanent gold backwardation measured in Swiss francs. Everyone knows that the Swiss franc has a negative interest rate, but so far as we know, Keith is the only […]
Unemployment Falls To 49-Year Low: 5 Business Services Picks
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
In September, the unemployment rate declined to its lowest level in nearly 49 years. However, job additions came in significantly below expectations, even though the broader employment picture remained robust. Further, even though September’s numbers missed targets, the figures for July and August were revised upward. Also, the labor force participation rate remained unchanged. Meanwhile, […]
Pound Lower Despite Brexit Hopes
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
The Pound Sterling lost momentum on Monday despite word that the British government is close to having a deal in place by next month. Wary FX traders are still assessing all possible outcomes of the Brexit negotiations and decided to book profits which pushed the Pound lower. At the same time, the greenback remains in […]
Beijing Eases Policy, Yuan Slides Towards 10-Year Low
Oct 08, 2018
Jeremy Parkinson
Finance, No picture
On Sunday, the Bank of China cut the level of cash that banks must hold as reserves. The Yuan continued its slide. Reuters reports China Set to Reopen After Beijing Eases Policy. Shares in Asia stumbled in early trade on Monday as investors waited with bated breath as China’s markets prepare to reopen following a week-long […]