Author Archive: Jeremy Parkinson
Dollar Slide Continues
The US dollar lost ground against all the major currencies, save sterling, over the past week, and also fell against most emerging market currencies. There is little from a technical or fundamental perspective, including next week’s FOMC meeting, that suggests a reversal is at hand. Investors accept that the US economy rebounded in Q2 from […]
Second Quarter GDP Forecasts Inching Towards Convergence Around Two Percent
The Federal Reserve Bank of New York released its Nowcast forecast today. The Atlanta Fed GDPNow forecast was updated on July 14 and again on July 19. The GDPNow forecast is up from July 14, but way lower from the preceding cast. Meanwhile, the Nowcast inched back above the two percent mark for the first time since June 9. The […]
Big Week Ahead
Another fine week with next week giving the potential for a very strong move. Some big companies are set to report and if numbers come in strong then we should have one of the best weeks of the year and it’s been a good year. I’ve been wrong before but all sign point to go! […]
What Is A Restricted Property Trust?
Trusts as a wealth building and wealth preservation tool have been around for centuries. Every specific trust has a specific purpose for why it is set up and how it is utilized. There is one that is designed for high income business owners to be able to put away more money for retirement than they […]
Investors Can Buy Selective Energy Stocks At Bargain Prices
Both oil and natural gas have rebounded from their multi-year lows reached in 2016 and while the commodities may not be at levels many thought they would be at the end of the year, even at today’s prices certain companies are in a position to earn profits. As proof, over the past four quarters, the […]
ECB Governor Draghi Giving Calculated Statements
The governor of ECB, Mario Draghi is expected to face a dilemma during the July rate decision meeting, as the bank is seeking an exit path from the massive stimulation program in the absence of inflationary pressures. It is expected that the ECB board, led by Draghi, to maintain the three rate prices as is […]
NBC Launches Snapchat Stay Tuned, The First Daily Live News Show
Snapchat and NBC News announced earlier this week that they’re uniting to launch the first daily news show on the social network. Snapchat Stay Tuned will appear on the social network‘s Discover platform two times a day Monday through Friday and once a day on Saturday and Sunday. The news was enough to boost Snap shares on Wednesday […]
E Sept. 2017 Silver Outlook
From the long-term view, Silver had been in a bear trend since making major top in April 2011. However, since making a major bottom in December 2015 and staging the biggest monthly rally (in number of months) to top in July 2016, it has given back about 70% of those gains (was about 88% last […]
The Elephant In The Room: Debt
It’s the elephant in the room; the guest no one wants to talk to—debt. Total global debt is estimated to be about $217 trillion and some believe it could be as high as $230 trillion. In 2008, when the global financial system almost collapsed global debt stood at roughly $142 trillion. The growth since then […]
