Author Archive: Jeremy Parkinson
Morning Call For November 24, 2014
OVERNIGHT MARKETS AND NEWS December E-mini S&Ps (ESZ14 +0.24%) this morning are up +0.18% and European stocks are up +0.99% at a 1-3/4 month high after German business confidence unexpectedly rose for the first time in 7 months. European bank stocks and government bonds also rose on speculation the ECB will expand stimulus after ECB President […]
Central Banks: When We Succeed, We Fail
Goosing stocks ever higher will eventually push wealth inequality to the point that it unleashes social instability. Central banks around the world share a few simple goals: 1. Defeat deflation by sparking inflation–in the cost of goods and services, not wages. 2. Weaken the currency to boost exports and counter beggar thy neighbor devaluations by other exporting […]
Oil & Dollar At Crucial Long-Term Areas – Weekly Market Outlook
While the release of the Federal Reserve’s meeting minutes on Wednesday of last week was supposed to be catalytic, the market seemed a little disappointed – and disinterested – in the fact that Janet Yellen and her cohorts didn’t really say much (or decide much) of anything during last month’s gathering. It wasn’t until Friday’s […]
Facebook Looking To Profit With News
Facebook Inc. (NASDAQ:FB)’s desire to become a reliable ‘personal newspaper’ for its world-wide user base could mean more trouble for the ailing news media segment. Editorial decisions about what users read will not be decided from a journalistic perspective, but rather from an algorithmic standpoint. In other words, Facebook will target readers with news they […]
Financial Repression Authority With Axel Merk
Gordon T. Long and Axel Merk discuss financial repression. Audio Length: 00:24:42
A Conversation
Imagine a financial adviser* approached you with an investment opportunity** without telling you specifically what it was. And right up front he tells you it’s likely to generate a zero to negative return over the coming decade. What would you say? I imagine any investor with any common sense would respond by saying something like, […]
Germany Surprises, Helps Euro Tick Up
The US dollar has begun the holiday-shortened week on a firm note, but the stronger than expected German IFO report helped steady the euro near $1.2400. Although Japanese markets were closed earlier today, the dollar rebounded toward JPY118.40, as participants recognize official jawboning was more about the pace of the yen’s decline than the level. The […]
The Week Ahead: Forecast For Upcoming Economic Reports
This week markets will focus on the revised GDP report, which the consensus shows falling a bit from last month’s flash estimate of 3.5 percent. Potentially upsetting markets, the consensus expects durable goods orders fell 0.5 percent in October; however, that would be mostly adjustments in the volatile transportation sector—dominated by the lumpiness in aircraft […]
China SGE Gold Withdrawals For Week 52 Tonnes
The Shanghai Gold Exchange withdrawals were 52.26 tonnes for the week ending 14 November. To put this into perspective, there are a total of 27 tonnes of gold bullion in the registered ‘deliverable’ at these prices category in all the Comex warehouses now. That’s only a few days supply work in Shanghai. The point of this, […]
