Author Archive: Jeremy Parkinson
The “We” Fallacy
Globalisation, a term that when used in economics refers to the integration of national economies into a global marketplace, is perceived to be part of the reason for economic weakness in some countries. This is a perception that the politically-astute feed upon, often by invoking the “we” fallacy. According to the “we” fallacy, anyone who […]
In This Scenario We Could See Turbulence’: Lowe Warns On ‘Tipping Point
On the heels of a soft CPI print that sent the Aussie tumbling, RBA governor Lowe delivered a speech in Sydney on Wednesday, and as expected, it was notable. “Some central banks are now starting to increase interest rates and others are considering when to withdraw some of the monetary stimulus that has been put in place, [but] this […]
Quiet Fed Day Without Yellen
By definition, the Federal Reserve Open Market Committee meeting is the highlight of the day. Without a press conference, and following last month’s rate cut, there is practically no chance of a new policy initiative either on the balance sheet or the Fed funds target. Market participants will be most sensitive to how the FOMC […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, July 26
WTI Crude Oil The WTI Crude Oil market rallied during the day on Tuesday, slicing through the $47 level. By doing so, and breaking above the top of the shooting star from last week, the market looks as if it is ready to go higher. However, today is not only the Crude Oil Inventories announcement, […]
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 […]
