October 2017 - Page 5 of 215 -

Economic Data And Forecasts For The Weeks Of October 30 And November 6

Oct 28, 2017 Jeremy Parkinson Finance 0

Here are my forecasts for upcoming economic data. ` Forecast Prior Observation Consensus Week of October 30 October 30 Personal Income – September 0.4% 0.2 0.4 Personal Spending 0.9 0.1 0.9 Dallas Fed Manufacturing Index 21.3 […]

E VIX Slumps Below Support; SPX Challenges Cycle Top

Oct 28, 2017 Jeremy Parkinson Finance 0

VIX broke out against the prior week’s high, but ended the week below all critical support/resistance areas. A buy signal awaits it above Intermediate-term resistance at 10.70, with further confirmation above weekly mid-Cycle resistance at 14.64. It has an inverted Head & Shoulders formation that, when triggered, offers us a potential target for the next […]

Sizable Declines In A Few Individual Stocks; Time To Review Allocations

Oct 28, 2017 Jeremy Parkinson Finance 0

Much is going right as it relates to the equity markets around the globe; however, this past week saw the market punish companies that reported earnings that did not match market expectations. The below 2-week chart only lists a few of those companies, but companies like Celgene (CELG) down 28.1% and Expedia (EXPE) down 17.5% […]

Inventories And Robots: Missing Story In Third Quarter GDP

Oct 28, 2017 Jeremy Parkinson Finance 0

It seems the folks reporting on the third quarter GDP forgot to do their homework. The articles touted the 3.0 percent growth figure, which was somewhat stronger than generally expected. However much of the basis for this stronger than expected growth was a pick-up in inventory accumulations that added 0.73 percentage points to the growth […]

Infrastructure: An Investment Strategy For Today And Tomorrow

Oct 28, 2017 Jeremy Parkinson Finance 0

by Columbia Threadneedle Investments We see infrastructure as a standout opportunity for investors, with the potential for spending on infrastructure to grow 6% per year for at least a decade. As an investment theme, infrastructure offers potential benefits in both the near term and over extended periods of time. What’s more, benefits accrue not only […]

IMF Provides Cover For Europe’s Dysfunctional Currency Union

Oct 28, 2017 Jeremy Parkinson Finance 0

The Council on Foreign Relations’ Brad W. Setser has produced a couple of interesting blogposts on Germany’s fiscal policies of late. The first one, titled “Germany Cannot Quit Fiscal Consolidation,” was published at the end of August. On September 18th, the second one appeared, titled “The Global Cost of the Eurozone’s 2012 Fiscal Coordination Failure.” […]

Ride High On 4 Auto Stocks Set To Beat Q3 Earnings

Oct 28, 2017 Jeremy Parkinson Finance 0

Typically, an earnings beat increases an investors’ confidence in a company and most often translates into price appreciation for the stock. For an industry riddled with changing dynamics, an earnings beat is a welcome break from the overall uncertainty. The story is particularly true for the Auto sector. Per the latest Earnings Trends, as of Oct 25, 164 […]

Can We Live Without A Central Bank?

Oct 28, 2017 Jeremy Parkinson Finance 0

It’s no secret that I’m not a big fan of the Federal Reserve. In fact, I said as much just a couple weeks ago in Nashville, Tennessee, at the Irrational Economics Summit. Our central bank has been around our entire lives (well, unless you’re over 100 years old!), and many believe it’s a necessary evil, […]

Canada In For A Rough Patch Even If Rates Stay Low For A Long Time

Oct 28, 2017 Jeremy Parkinson Finance 0

The Loonie is tumbling and Canadian bonds rallying as the Bank of Canada backs away from its rate hiking plans in ‘surprise’ over the slowing Canadian economy. Meanwhile, a new report from the National Energy Board brings good news for the planet (that is bad for Canadian GDP in the short and medium run). See: Canada’s […]

Shale Gas Fuels Manufacturing Renaissance

Oct 28, 2017 Jeremy Parkinson Finance 0

Most people are at least somewhat aware that the U.S. shale oil boom has resulted in lower fuel prices at the pump. But they are probably less familiar with the economic impacts of the shale gas boom. I have covered some of the impacts of the cheap shale gas bounty in the past. They include a […]