Author Archive: Jeremy Parkinson
Two Simple Steps To Beat U.S. Stocks
Americans like to buy American stocks. Europeans prefer European stocks. And Chinese investors… well, you guessed it, they go heavily into Chinese stocks. This is the essence of a phenomenon called home country bias. As investors, we feel most comfortable buying the stocks of “our own” domestic companies. And we routinely under-allocate to foreign stocks. That means U.S. investors […]
Fund Managers Bearish On America & Tech
U.S. Versus The World With the stock market reaching another record high let’s look at valuations across the globe. As you can see from the chart below, North America has the second highest current P/E ratio and the highest forward P/E ratio. North America has a relatively low 15-year earnings growth rate and book value […]
Hot Options Report: End Of Day – Thursday, July 20
Most Active Equity Options And Strikes For The End Of Day, July 20, 2017
Nasdaq Limps To Best Run Since Feb 2015 As Dollar Dumps To 11-Month Lows
Despite Bank of Japan and ECB talk, and thanks to a tanking VIX, the new normal of utter tranquility in markets continued… Video length: 00:00:02 Soft Data rolled over again today… Draghi didn’t sound dovish enough and EUR spiked, sending the dollar dumping (down 8 of the last 10 days) to its lowest level […]
The “German Problem” Is Not A Problem For Anyone To Worry About. Or Is It?
It took a very long time. Too long. But just in time for the recent G20 meeting in Hamburg on July 7-8, The Economist’s cover page story featured Germany’s persistent current account surpluses as the world community’ new “German problem”; supposedly an issue of foremost interest to the G20. In fact, Germany has run up […]
Here’s Something That Will Never Happen, But Probably Should…
The ECB and the BoJ are out of the way and generally speaking, most observers think risk assets probably have the all-clear from now until September barring some kind of meltdown at 1600 Pennsylvania Avenue which, honestly, seems just as likely as not – especially after what we learned this morning. One thing that would cause […]
June 2017 Leading Economic Index: Maybe There Will Be A Moderate Improvement In Economic Growth
The Conference Board Leading Economic Index (LEI) for the U.S again improved this month – and the authors state there will be “continued growth in the U.S. economy and perhaps even a moderate improvement in GDP growth in the second half of the year”. Analyst Opinion of the Leading Economic Index The rate of growth […]
Banking The Unbanked Is A $380B Opportunity
Today’s infographic comes from Raconteur, and it looks at the opportunity of providing financial services to the population of unbanked people in emerging markets. View the full-size version of the graphic for better resolution. For those of us living in North America or Europe, we generally take the near-universal access we have to financial services for granted. Sure, […]
Is Surprise In The Cards For Materials ETFs In Q2 Earnings?
Although uncertainty in Trump’s proposed infrastructure plan is weighing on bullish sentiments on the materials sector, it has managed to come up with a remarkable performance this year. This is especially true as rebounding commodity prices, positive developments in China, pick-up in global manufacturing activities and improving global trends are acting as catalysts to the […]
Study Shows Increased Concern Regarding Markets
It isn’t much discussed in public – sort of like the crazy uncle who lost his fortune gambling on derivatives – but a recent Goldman Sachs portfolio strategy report nailed a discussion that is increasingly being voiced in institutional research reports from Macquarie to Balyasny among others. As global equities head to all-time highs – up near […]
