Author Archive: Jeremy Parkinson
So You Want To Fix The Trade Deficit?
Well, I don’t think a few tariffs and quotas, plus “tweaking” Nafta, are going to do it. And blowing a hole in the Federal deficit ain’t likely to help. First take a look at the trade deficit as defined in the national income accounting sense (i.e., “net exports”), expressed as a share of GDP: Figure […]
E What’s Driving Growth In Online Video Advertising?
A few years ago, mobile advertising seemed to be one of the biggest challenges to advertisers with many struggling to monetize the huge traffic they received from their target audience. The likes of Alphabet’s (GOOG) (GOOGL) Google and Facebook (FB) were good examples as they failed to match their massive user-bases with monetization levels achieved […]
Innovate Or Die
Back in January 2007, Netflix announced a bold plan to bring internet video to television sets. At the time, few believed they would be successful, but such skepticism was nothing new. The “death” of Netflix was predicted first in late 2002, not long after its IPO. Wal-Mart was entering the DVD-by-mail business, and who could […]
Euro Surges As Draghi Reiterates Sintra Message, Tips ‘Autumn’
Clearly, the euro and in particular bunds didn’t get what they were expecting in the ECB decision (out as usual at 7:45 EST). It seems readily apparent that some folks were looking for a tweak in the language around the QE assessment. When they didn’t get it, the reaction in the single currency was perceptible, but the […]
Weekly Unemployment Claims: Down Another 15K
Here is the opening statement from the Department of Labor: In the week ending July 15, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 15,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 247,000 to 248,000. The 4-week moving average was 243,750, […]
The Stock Whisper Of The Day: T, ERIC, NVDA
Hot stocks of the day: T, ERIC, NVDA Video length: 00:03:57
Dollar Firming Up
With both Japan and Europe out of the way, the Forex markets have moving fractionally to offer the US dollar a little strength. Of most interest to me is the Yen, which itself is off by about a quarter of a percent, which is letting gold slip away from all that overhead supply it has. […]
Blackstone Group And Bank Of New York Mellon Report Q2 Earnings
The Blackstone Group (BX) Q2 2017 and Bank of New York Mellon (BK) Q2 2017 earnings reports were released before opening bell this morning. Blackstone reported economic net income of 59 cents per share on in revenue, compared to the 62 cents per share Wall Street was expecting. The Bank of New York Mellon Q2 […]
Millennials Can Punt On Bitcoin, Own Gold And Silver For Long Term
– Bitcoin volatility shows not currency or safe haven but speculation – Volatility still very high in Bitcoin and crypto currencies (see charts) – Bitcoin fell 25% over weekend; Recent high of $3,000 fell to below $1,900 – Bitcoin least volatile of cryptos, around 75% annualized volatility – Gold much more stable at just 10% annualized […]
Oil Supply Falling And Geo-Political Worries Rising
Major oil draw and a Saudi Arabian coup? The Energy Information Administration (EIA) reported another major 4.727-million-barrel drawdown in crude supply even as US shale production rebounded last week causing US oil production to rise to 9.43 million barrels per day, up from 9.4 million barrels which puts it at a two-year high. We know […]
