Author Archive: Jeremy Parkinson
AskSlim Market Week – Friday, April 26
Image Source: Pixabay In this video, trading pro Steve Miller and his team share unique analysis and commentary on the financial markets.Video Length: 01:11:07More By This Author:AskSlim Market Week – Friday, April 19 AskSlim Market Week – Friday, April 12 AskSlim Market Week – Friday, March 28
DoorDash To Report Q1 Earnings: What’s In Store?
Image Source: Unsplash DoorDash (DASH – Free Report) is set to release its first-quarter 2024 results on May 1.The Zacks Consensus Estimate for the top line is currently pegged at $2.45 billion, suggesting a 20.63% increase year over year.The consensus mark for loss is estimated to be 7 cents per share, unchanged in the past 30 days. DASH reported a loss […]
Mode TVL soars 140% as users hunt for airdrops
Mode surpassed $344 million in total value locked (TVL) and shows the largest growth among Ethereum layer-2 blockchains over the past 7 and 30 days, according to data aggregator DefiLlama. This huge leap in TVL could be related to users rushing to farm Mode’s native token airdropped, rumored to have a snapshot at the beginning […]
U.S. Economic Growth Slows. Is There Cause For Concern?
Video Length: 00:05:42 On the latest edition of Market Week in Review, Investment Strategist BeiChen Lin and Sophie Antal-Gilbert, Head of AIS Portfolio & Business Consulting, discussed the U.S. first-quarter GDP (gross domestic product) reading. They also reviewed the latest U.S. inflation data and provided an update on the U.S. first-quarter earnings season. Q1 economic […]
Bitcoin halving won’t be enough to sustain a bull run: Kaiko Research
Bitcoin’s latest halving event is unlikely to trigger a sustained bull run over the next 12 to 18 months, according to the report “Bitcoin’s Fourth Halving: This Time is Different?” by analysis firm Kaiko.Despite historical periods of substantial returns post-halving, the current climate is marked by a mature asset class and uncertain macroeconomic conditions. A potential […]
Yen Collapse Suggests We Are At The Tipping Point Of Keynesian Failure
Image Source: Unsplash If there’s one myth that Keynesianism has ingrained successfully into the sound money gold and silver community, it’s that higher rates are the solution to higher consumer prices. We are about to see that myth blasted into subatomic pieces so small it will conclusively demonstrate the existence of quarks.The yen is collapsing as […]
ZIM Stock Price Spikes Amid Dividend Hopes But There’s A Key Risk
Image Source: Unsplash ZIM Integrated (NYSE: ZIM) stock price went through a short squeeze on Friday as traders continued focusing on the ongoing crisis in the Middle East. It climbed by over 15% on Friday, reaching a high of $14, its highest level since February 1st. It has soared by over 45% from its lowest point […]
GDP Growth Slows In Q1: 5 ETFs To Invest In
Image Source: Pixabay The world’s biggest economy emerged weaker at the start of 2024 due to lower consumer and government spending amid growing inflation. The economy expanded at the slowest pace in two years, with GDP rising 1.6% annually in the first quarter, missing Wall Street expectations of a 2.4% increase.The growth reflects a clear slowdown […]
The Turn Is Coming
Image Source: Pexels “Davidson” submits:The 10yr minus 3-month Treasury rate, called the Yield Curve, is moving higher at a rapid pace as investors adjust their inflation thinking to being more persistent in the 3%-4% range. At the moment, T-Bills priced at 5.25% remained roughly stable giving a Real rate of return of close to 2%. I […]
The Federal Reserve’s $34.5 Trillion Problem
Image Source: Unsplash The Federal Reserve has a $34.5 trillion problem.And the problem is growing.Yes, I’m talking about the national debt. How is the debt the Fed’s problem?It hamstrings the Fed’s ability to fight price inflation.In a recent interview, Crescat Capital macro strategist Tavi Costa told Kitco News that soaring debt levels could ultimately render the central […]
