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Wall Street expects a significant economic rebound after the “Great Reopening.” But can we really just flip a switch and return to normal?

Make America Confident Again; Musk’s No-Diesel Legal Weasel

by Joseph Hargett May 11, 2020 Great Stuff

Confidently Overconfident It’s one thing to be confident, dear reader. It’s another thing entirely to be blindly overconfident. Today, we saw Wall Street give a pause to last week’s massive rally, following one of the most devastating monthly U.S. jobs reports ever. It seems that more than a few analysts are starting to realize just […]

Double Bottom or Long U?

by Ted Bauman May 11, 2020 2020 Financial Crisis, Big Picture. Big Profits., Investing

[17-minute video] Investors have so much faith in Fed stimulus and a miracle cure that a decline in stocks may take a while … here are three things you can do as the market finds its way to a true recovery.

Wall Street shrugs as the U.S. economy goes from the lowest unemployment rate in 50 years to the worst in 50 years … in less than two months.

Who Needs Jobs?; Uber Eats $3 Billion Loss; Roku’s Still Boss

by Joseph Hargett May 8, 2020 Great Stuff

Friday Four Play: The ¯\_(ツ)_/¯ Edition It’s official. The U.S. economy is in tatters … and Wall Street doesn’t seem to mind. According to the Labor Department, the U.S. lost a record 20.5 million jobs in April. That’s roughly 25 times more lost jobs than in the worst month of the 2008 financial crisis. Furthermore, […]