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The Fed’s emergency rate cut sent a message to Wall Street, but it’s not the message of hope that Fed Chair Jerome Powell thinks he sent. Powell Panics; AMD’s Frantic; Tesla Analysts Are Manic
by Joseph Hargett March 3, 2020 Great Stuff
Powell’s Panic at the Disco I originally wrote a nice Shakespearean Hamlet dissertation on “to buy, or not to buy?” in the current market environment. It was peppered with references, such as “suffering the slings and arrows of an uncertain market” and “taking up arms to go bargain-hunting in a sea of troubles.” It was […]
When the market has no respect for risk, what’s the difference between speculation and investing? Maniacs on the Trading Floor; Tesla’s Not Shocking Anymore Sucking the Marrow out of Wall Street Today, dear readers, we’re going to talk about mania — Wall Street’s mania. From Virgin Galactic Holdings Inc. (NYSE: SPCE) to Tesla Inc. (Nasdaq: TSLA), investors have pushed stock valuations to the breaking point and beyond. In fact, Bank of America Corp. (NYSE: BAC) recently declared that — […]
December’s jobs data was uninspiring. Luckily, Boeing had some spare clowns and monkeys to liven up Wall Street ahead of the weekend. Soft Serve Jobs Data; Boeing Sends in the Clowns
by Joseph Hargett January 10, 2020 Great Stuff
Friday Four Play: The “Send in the Clowns” Edition (Did a friend forward you this email? If so, you owe them big-time! Seriously, this is Great Stuff. We don’t take that title lightly. After you’ve thanked your friend profusely, why not sign up for yourself today? It’s mostly painless. I promise.) Well, that was unsatisfying. […]

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