Author Archive: Jeremy Parkinson
Indian Indices Continue Momentum; Metal Stocks Witness Buying – Wednesday, July 26
After opening the day marginally higher, stock markets in India have continued their momentum. Sectoral indices are trading on a positive note with stocks in the metal sector and realty sector witnessing maximum buying interest. The BSE Sensex is trading up 86 points (up 0.3%) and the NSE Nifty is trading up 29 points (up 0.3%). The BSE Mid Cap index is trading up by 0.6%, while […]
Drug Stocks Q2 Earnings Releases On Jul 26: GILD, VRTX, GSK
We are entering the peak period of the second-quarter reporting cycle this week. The quarter, undoubtedly, is off to a strong start. As of Jul 21, 2017, 97 S&P 500 members, accounting for 28.1% of the index’s total market capitalization, reported results, according to Earnings Preview. Of these, 59.8% beat both revenues and earnings estimates compared […]
FV Emerging Markets Vs. Developed Markets
In this video, we discuss the differences and developments between EM [Emerging Markets] and DM [Developed Markets]. The video walks through a couple of slides of a recent edition of the Weekly Macro Themes report. The first chart shows the differences between EM and DM and helps define them on the basis of income and governance, and provides […]
Bank Of England Warns Of “Spiral Of Complacency” Over Soaring Consumer Debt
A few weeks ago, we wrote a note about how European auto lenders are becoming just about as ridiculously undisciplined as their counterparts in the United States.Apparently an ever-growing reliance of European millennials on lease financing has auto ABS investors worried about a potential crash in used car prices at some point in the not […]
Features Of Series EE Savings Bonds You May Not Know
When you were a little kid, you may remember getting a US Savings Bond in your birthday card from your grandparents or your aunts/uncles. While it didn’t seem to be an exciting gift at the time, there are some pretty interesting features about these bonds that you many not know…even as an adult. I recently […]
Is There A New Flight To Safety?
The dollar has been taking a beating on ‘false promises’ of any major fiscal reform from the Trump administration. On July 18th, President Trump lacked the support of the U.S. Senate to pass any new measures on healthcare bill, in the U.S. At least, three Republicans along with the Democrat lawmakers have expressed opposition for […]
Commercial Bank RBB Bancorp Prepares For IPO
LA-based commercial bank, Royal Business Bank (RBB) will make its market debut on Wednesday (7.26) and expects to raise 82.8 million pricing its shares between $22 and $24. The bank is offering 2.1 million shares with 892,000 shares being offered by selling shareholder. The company intends to contribute approximately $25 million of its net proceeds […]
Drop In Existing House Sales In The US Amid Supply Fears
The sales of existing houses in the US dropped by 1.8% for June to an annual base of 5.52 million houses, from 5.62 million the previous month. This was way below expectations which were at 5.58 million houses, and the 2nd lowest reading for 2017, although there is still an 0.8% increase in sales. Potential […]
Oil Prices Remain Steady In Early Trade
Oil prices remained near eight-week highs on Wednesday morning after data released on Tuesday by the American Petroleum Institute showed that U.S. crude stockpiles declined by 10.2 million barrels last week even as refineries increased output. This sharp decline in stockpiles far surpassed analyst expectations of a 2.6 million barrel decline. Oil prices were buoyed […]
2017- Q3 Starts With Faster Pace For Dividend Cuts
It’s still early in the third quarter of 2017, but compared to the third quarter of a year ago, distressed U.S. firms experiencing distress are cutting their dividends at a slightly accelerated pace. Compared to the two previous quarters of 2017 however, 2017-Q3 is seeing a faster pace of dividend cuts than 2017-Q2 did, but […]
