Gold Has Outperformed The S&P 500 In The 21st Century
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pixabay Gold has outperformed both stocks and bonds since the turn of the century.Gold was among the best-performing assets of 2023.According to an analysis by the World Gold Council, gold outperformed emerging market stocks, U.S. bonds, the U.S. dollar, global treasuries, and commodities in general. The only asset classes that performed better than gold […]
Will Stagflation Be The Price We Pay For A ‘Soft Landing’?
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Well it’s a new year and with it, I’m doing my best to bring important new voices into the discussion here at Thoughtful Money.And today we’re fortunate to sit down with one of them: Cem Karsan, Founder, CIO, and Managing Principal of Kai Volatility Advisors, widely known as @jam_croissant on X/Twitter.He’s one of the […]
A Pause Is A Pause, Nothing Else
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
Why did the miners’ decline pause? Might this be a bottom?In short, it might, but it’s highly unlikely that this is indeed a bottom. Yesterday’s pause is natural given the support that miners are encountering and given the situation in the USD Index.Let’s start with the latter. On Jan. 4, I wrote the following on […]
Nvidia Just Hit An All-Time High Of $538, Is It Still A Buy?
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
Image courtesy of 123rf.com Nearly a week after the last Nvidia (Nasdaq: NVDA) coverage, the stock reached an all-time high of $538 per share on Tuesday. The AI-powered stock has now tracked an 8.46% performance since the new year. A week ago, DA Davidson analysts forecasted a 15% downside risk to Nvidia, projecting a U-turn within the next […]
Five Sector ETFs To Bet On Ahead Of Q4 Earnings
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pixabay The fourth-quarter 2023 earnings season will kick off this week, with the banking sector slated to report numbers. There has been a deceleration in the earnings outlook in recent months, with negative revisions for several key sectors since the start of the fourth quarter.Total S&P 500 earnings are expected to be down 0.2% […]
NaaS Technology Debuts At CES 2024 With EV Innovations, Pioneering Green Energy Solutions
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash NaaS Technology (Nasdq: NAAS), the first US-listed EV charging service company in China, took the spotlight at the 2024 Consumer Electronics Show (CES) in Las Vegas from January 9 to 12, where the company showcased its latest advancements, reaffirming its commitment to reshaping the future of mobility transformation and sustainability development in transport […]
Grains Report – Tuesday, Jan. 9
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
WHEAT General Comments: Wheat markets were lower yesterday on reports that Russian and Ukrainian Wheat continues to move with good volumes being reported on the Black Sea and via land routes. Black Sea offers are still plentiful and Russian prices appear to be about 260.00 per tons FOB with Ukrainian prices about the same. News […]
What Is The Economic Outlook For 2024?
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pixabay The year 2023 was, like the previous years of this century, an upheaval and a revolution in many ways. History continues to accelerate at a speed never seen before. Geopolitical conflicts mingled with innovations of all kinds. It was a year of dangers (continuing war in Ukraine, invasion of Nagorno-Karabakh, Israeli-Palestinian conflict, coups […]
Coal Supplies: China’s Soaring Demand And Impacts
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
Image source: Pixabay In the dynamic global energy market, Asia’s December surge in seaborne thermal coal imports, led by China, has had a notable impact. Despite China’s increase in imports, coal prices remain stable, influenced by strong exports from Indonesia and Australia. This analysis examines the factors driving the coal market, focusing on supply, demand, and pricing […]
Energies & Grains Trading Mirrored. The Corn & Ethanol Report
Jan 09, 2024
Jeremy Parkinson
Finance, No picture
We kicked off the day with NFIB Business Optimism Index at 5:00 A.M., US Trade Balance, Exports & Imports at 7:30 A.M., Redbook YoY at 7:55 A.M., RCM/TIPP Economic Optimism Index at 9:00 A.M., Fed Barr Speech at 11:00 A.M., 3-Year Note Auction at 12:00 P.M., API Energy Stocks at 3:30 P.M., LMI Logistics Managers […]