Author Archive: Jeremy Parkinson
Google, How Does One Get A Stock Higher? And What’s Stagflation?
Image Source: Unsplash The story this morning is clearly the stunning rise in the price of Alphabet (GOOG, GOOGL). It’s higher for the correct reasons: solid earnings and returning money to shareholders. Enthusiasm about artificial intelligence certainly played a role, but a manufacturer of boring widgets would rally if it could show revenues rising 15%, profits […]
ezETH depeg puts ETH restaking volatility into the limelight
Renzo’s liquid restaking token (LRT) ezETH experienced a dramatic drop this week, losing over 7% of its peg with Ether (ETH) within hours, with some 50% depeg in some decentralized applications. This decline was further intensified by the liquidation of leveraged yield farmers utilizing ezETH as collateral for high-risk loans and inserts the volatility of […]
3 Asset Classes That Profit From High Inflation
Image courtesy of 123rf.com In Q1 2024, the US crossed the historic milestone of paying over $1 trillion on interest payments. As a consequence of an unprecedented $5 trillion money supply boost since 2020, the US experienced an equally rapid inflation rise not seen since the 1980s.Likewise, the Federal Reserve then engaged in the fastest rate hike since the 1980s, […]
AUD/USD Climbs 1.82% Across Four Sessions
Image Source: Unsplash The Australian dollar has demonstrated remarkable resilience and vigor, charting a course of consistent gains throughout the week. As the European trading session unfolds, the AUD/USD pair exhibits a positive trajectory, currently stationed at 0.6534, marking a 0.24% rise on Friday. This ascent extends the currency’s streak to four consecutive sessions of gains, cumulatively amounting […]
Private Equity More Boondoggle Than Brilliance
Image Source: Pexels I’ve frequently spoken and written about leverage-on-leverage contagion risks from the private equity and credit markets with feedback loops to real estate. Some of the articles are here.As interest rates slumped in the decade leading up to 2022, this space increasingly attracted yield-starved capital from institutions and individuals alike.Our capital management firm was inundated […]
3 Dividend Stocks For 10%+ Annual Returns
Image Source: Pixabay The U.S. stock market continues to climb the wall of worry, despite persistent inflation and elevated geopolitical risks. The Wilshire 5000 index (a broader gauge of the total U.S. stock market) has gained 21% in the past year, not including dividends.The stock market rally has caused dividend yields to fall. The S&P 500, […]
Fed Likely To Hold Rates Steady And Warn Of The Risk Of Delay To Cuts
Elevated inflation and strong activity and jobs numbers have pushed market expectations for the timing of the first interest rate cut to December. We still see an opportunity for a September rate cut. Nonetheless, the Federal Reserve will remain wary and signal that if inflation stays high, so will interest rates.Image source: Wikipedia Robust data forces the […]
Bitcoin maxis could shield the market from Mt. Gox sell-off effects, suggests expert
As the Mt. Gox exchange prepares to release billions of dollars worth of Bitcoin (BTC), market analysts speculate on the potential for a sell-off that could depress Bitcoin prices. Despite these concerns, industry leaders posit that Bitcoin maximalists and long-term holders might mitigate any significant market downturn.Approximately 142,000 BTC, valued at over $9 billion, and […]
Gold Miners’ Q1’24 Preview
Image Source: Pixabay The gold stocks’ latest earnings season is just getting underway and should prove fantastic. The miners are set to report their most profitable quarter in years, primarily driven by much higher gold prices. These companies have also mostly forecast holding the line on costs, helping earnings amplify gold’s breakout surge. This sector’s strong […]
Major Indexes Eyeing Weekly Wins Across The Board
The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are firmly higher this afternoon, as both indexes cruise toward weekly wins, the latter’s first in five weeks and best since November 3. The tech-heavy index is also pacing for its best day since February thanks to a strong batch of Big Tech earnings.The S&P 500 […]
