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Fed Governor Cements Looming Economic Destruction
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Federal Reserve Governor Lael Brainard is on the loose. Of course, when the Fed is on the loose, the it signals a tightening of liquidity, ultimately leading to economic destruction. Tim Duy has exposed it in a fairly involved article. I will try to isolate the main points of this exposure and illustrate the effects […]
Here’s Why Mid-Cap Growth ETFs Are Hitting New Highs
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
With the prospect of fresh trade talks between the United States and China, the Wall Street regained momentum after a tumultuous ride at the start of the month. The dual tailwinds of strong corporate earnings and a booming economy have been driving the stock market rally this year and will likely continue to do so […]
Allergan Says Study Of Higher Doses Of BOTOX Meets Primary Endpoint
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Allergan announced clinical study results of higher doses of BOTOX Cosmetic compared to BOTOX Cosmetic 20 unit dose at week 24 in patients with moderate to severe glabellar lines. Allergan conducted this trial to evaluate the duration of effect and safety of BOTOX Cosmetic 40, 60, and 80 unit doses versus BOTOX Cosmetic 20 unit […]
Stocks: Time To Find An Exit?
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Weekly Market Digest: Markets Regain Footing As Global Tensions Ease
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Global stocks rebounded over most of the week as tensions surrounding trade and EM contagion abated. Investors welcomed Treasury Secretary Mnuchin’s invitation to host additional talks with China, as well as the Turkish central bank’s decision to sharply increase rates to support its ailing currency. However, the rally flatlined on Friday due to reports that […]
A Decade After Lehman’s Collapse, $133M Loss Overwhelms A Clearing House
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Talking Points: $133 million trade loss was enough to wipe out safeguards maintained by the clearing house The event will draw the scrutiny of regulators looking to avoid similar instances The inability of the clearing house to cover the losses suggests some of the same risks remain 10-years after the Great Financial Crisis Energy Derivatives Trade […]
USD/CHF Coiling Ahead Of SNB
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Political headlines and trade fears are dominating the headlines in today’s North American session, leading to a slight risk-off tone despite a positive open for risk assets. As a result, we’ve seen the US dollar, Japanese yen, and Swiss franc ascend to become the strongest major currencies on the day after bringing up the rear […]
Pieces Of The US & Global Stock Market Puzzle Come Together
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
All through the summer we had a “top-test” view on the primary US stock index, the S&P 500. We were 100% right on that; SPX spent all summer grinding upward to that test. That is where the would-be market genius aspect of the analysis ends because it appears that the favored outcome of that test – that it […]
4 ETFs Set To Soar In The Aftermath Of Hurricane Florence
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Hurricane Florence has wreaked havoc on the coast of the Carolinas where conditions are fast deteriorating. Florence, the first major hurricane to threaten the eastern United States this year, has now downgraded to a Category 1 storm. Still, it may lead to catastrophic flooding, life-threatening storm surge and destructive winds in Southeast U.S. over the […]