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Trump asks Microsoft for a cut of the action. TikTok’s on the clock, but the party don’t stop, no. Trump’s TikTok Tipoff; Take-Two Takes Off August 4, 2020 by Joseph Hargett Great Stuff Usurping Power of the Purse We’re getting a little political today, but I assure you it’s investing related. So, bear with me… Let’s talk about TikTok. Great Stuff has mentioned this social media app before. My daughters absolutely love this app, but how popular is TikTok, really? The company has more than 800 million users […]
The Economy May Not Survive Lockdown 2.0 July 1, 2020 by John Ross 2020 Financial Crisis, American Investor Today, U.S. Economy (5-minute read) As stimulus efforts wind down, what happens next? The economy has begun to stall even while the stimulus continued. John Ross shows you what will happen next.
There was a crack in Wall Street’s armor today, but it wasn’t jobless claims that made investors blink … it was China. Senate Wise Guys Draw China Eyes May 21, 2020 by Joseph Hargett Great Stuff The New Red Scare Here we are… Another Thursday, another weekly initial jobless claims report … and another stock market rally? Some 2.4 million Americans filed for first-time unemployment claims last week. The nine-week total of continuing claims now stands at nearly 39 million. Despite Main Street’s pain, Wall Street’s song remains the same. The […]
Positive vaccine data prompts stock market spike. Is this the beginning of the end for the coronavirus nightmare? Vaccine Dreams: Moderna, Sorrento and Novavax May 18, 2020 by Joseph Hargett Great Stuff Damn the Torpedoes! The U.S. economy’s got something. We both know it, but we don’t talk too much about it. Ain’t no real big secret all the same. Somehow, we get around it. Listen, it don’t really matter to Wall Street. Investors believe what they want to believe. And what Wall Street believes right now […]
The White House and the Senate agreed to a $2 trillion stimulus package, but the COVID-19 fallout is far from over. Senate Knows Best?; Sucker Bets on Jumbo Jets March 25, 2020 by Joseph Hargett Great Stuff Mo’ Money, Fewer Problems? They did it. They finally did it. By “they,” I mean Congress … and by “it,” I mean a stimulus package deal to combat the coronavirus. The Senate and the White House announced late last night that they reached an agreement on a historic $2 trillion spending bill. (That’s trillion with […]

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