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How Uber Lost $5.2 Billion In 3 Months With This 1 Trick August 12, 2019 by Joseph Hargett Great Stuff How to Lose $5.2 Billion in 3 Months: The Uber Story My flippant attitude and punny sense of humor are both a blessing and a curse. Just ask my wife of 20 years. She’ll tell you the same thing. It appears that you, dear readers, are now in the same boat as my wife — […]

Don’t Fear China’s Yuan “Manipulation”: Buy Into Safe, Double-Digit Gains August 7, 2019 by John Ross American Investor Today, Economy, Investing, Investment Opportunities, U.S. Economy On August 1, President Trump announced on Twitter an extra 10% tariff on Chinese goods. China retaliated by allowing a devaluation of its currency, the yuan. While many investors fear this turn of events, John Ross sees profitable possibilities. He shares a way for you to take advantage of the trade war and a weaker yuan. (3-minute read)

When Rates Rise, It’s Time to Bounce on Banks June 11, 2019 by Joseph Hargett Great Stuff In the day, we sweat it out on Wall Street, in a runaway bull-market dream. At night, President Trump tweets about mansions of glory and interest-rate-cutting machines. In his latest series of tweets, Trump is stepping out over the line. “The Fed interest rate is way too high, added to ridiculous quantitative tightening. They don’t […]

Ain’t No Party Like an Alibaba Party… May 28, 2019 by Joseph Hargett Great Stuff ’Cause an Alibaba party don’t stop. Raising $25 billion on the New York Stock Exchange (NYSE) in 2014 wasn’t enough for Alibaba Group Holding Ltd. (NYSE: BABA). BABA needs more bling. Over the weekend, Bloomberg reported that Alibaba is working to raise $20 billion in a second listing in Hong Kong later this year. According to the […]

The Great Walled-Off China May 16, 2019 by Joseph Hargett Great Stuff The U.S.-China trade war has spawned a growing wall between the two countries. OK, it’s not really a wall. It’s more like a chain-link fence with lots of holes … and an unlocked gate … but that’s not the point! In addition to tariffs on $200 billion in Chinese imports, President Trump has added Huawei […]