Author Archive: Jeremy Parkinson

Nominal GDP As An Indicator

Nominal GDP As An Indicator

Image Source: Pexels Many of my contrarian opinions derive from my focus on a single macroeconomic variable—NGDP. Consider the recent period of high inflation. Almost all economists believe the inflation was caused by a mix of supply and demand side shocks. In contrast, I believe the high inflation was all demand-side, with supply shocks playing no […]
Trump Solana meme coin surges after suspected hack of Pirate Wires twitter

Trump Solana meme coin surges after suspected hack of Pirate Wires twitter

A Solana-based meme coin named after former US President Donald Trump has seen a significant surge in value following a tweet from the Pirate Wires account, an independent media outlet. Per conversations, Trump is launching an official token — $DJT on Solana. Barron spearheading. — Pirate Wires (@PirateWires) June 17, 2024 The legitimacy of the tweet […]
Covid + Four: The Market Is At It Again

Covid + Four: The Market Is At It Again

Image Source: Pexels The pattern is simply this: with the threat of economic weakness resulting from continuing higher (for longer) rates than investors had become accustomed to over the previous 12 years, the default position has become sell that which is economically sensitive and buy that which is assumed ‘bullet proof’, large cap (now mega-cap) tech. Last week the […]
Stocks And Precious Metals Charts – Stocks Option Expiration

Stocks And Precious Metals Charts – Stocks Option Expiration

It was risk on all the way today, as equities caught their footing and then rose almost relentlessly higher.If there is anything to spoil the bullish scenario it is the very narrow nature of the advance, with a handful of story stocks providing most of the gains by far.This has been going on for a […]
“We are aiming to provide a MMORPG-style experience”: Pixels founder talks about Chapter 2

“We are aiming to provide a MMORPG-style experience”: Pixels founder talks about Chapter 2

Ronin-based game Pixels is gearing up for its Chapter 2, which will introduce various changes to the game. According to a recent report by data aggregator DappRadar, Pixels registered 22.3 million unique active users in May, making Ronin the largest blockchain for gaming by daily active wallets in the same period.Luke Barwikowski, founder of Pixels, […]
Rate Cut Optimism Drives U.S. Indexes To Fresh Record Highs

Rate Cut Optimism Drives U.S. Indexes To Fresh Record Highs

Image Source: Pixabay MARKETSU.S. stocks climbed to new records on Monday as technology company gains drove the market higher. Despite a sluggish start, all major indices closed solidly in the black.Equity strategists at leading banks have quickly revised their S&P 500 targets upwards (See Goldman Sachs’s Latest Calls Below), buoyed by a market that shows no […]
VIX Suppression Leads Stocks Higher On

VIX Suppression Leads Stocks Higher On

I wasn’t planning on writing today, but I saw that the equity market was higher, and I figured I’d weigh in and mention that today seems like a pre-VIX opex type of day. The S&P 500 traded higher, while the VIX was basically flat to up. Odd. With tomorrow being VIX opex, it looked a […]
Pure Play Quantum Computing Portfolio Down 2% W/e June 14th

Pure Play Quantum Computing Portfolio Down 2% W/e June 14th

Image Source: Unsplash What is Quantum Computing?In a nut shell, the better the computing power, and the more data, the better a model will perform and, as such, the race is on for companies to radically upgrade the computing power of their AI models. That’s where “quantum computing” comes in. Check out this video on Quantum Computing: 4 […]
End Of Petrodollar

End Of Petrodollar

Image Source: Pexels Alhambra CEO Joe Calhoun tackles the reality of the end of the petrodollar.Video Length: 00:10:02More By This Author:Weekly Market Pulse: A Concentrated BetFriday Recap And DARP UpdateEmployment Gains Overstated
Stocks And The VIX Rise Ahead Of A Week Of Fedspeak

Stocks And The VIX Rise Ahead Of A Week Of Fedspeak

Image Source: Unsplash Another day, another all-time high…Traders seem to have largely shrugged off the FOMC statements of last week – might as well have been 100 years ago. That press conference didn’t exactly deliver the goods for the bulls.Then again, this week features a number of speeches from Federal Reserve members; maybe the bulls are […]