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Latest Insights on GM

The pandemic’s worst may be over, but this is just the tip of the pandemic iceberg where the U.S. economy is concerned. Titanic Earnings; Choppy Sailing; Cinemas Failing
by Joseph Hargett April 13, 2020 Great Stuff
A Titanic Earnings Season The markets rallied sharply last week in anticipation that things are starting to get better. And, admittedly they are … where the pandemic is concerned. According to the Centers for Disease Control and Prevention (CDC), the outbreak is finally stabilizing across the U.S. Dr. Anthony Fauci, director of the National Institute […]
After 15 days of social distancing and scouring the earth for anything that resembles toilet paper … the market wants nothing more than a return to normalcy. Viable Vaccines and Yesterday’s Dreams
by Joseph Hargett March 30, 2020 Great Stuff
There’s an Ordinary World… Somehow I have to find. And as I try to make my way to the ordinary world, I will learn to survive. I hope you like spending time with your family, ‘cause we’re in for another month of social distancing. As part of his regular COVID-19 briefing to the American people, […]
We’re whipsawing 1,000 points every other day, and Great Stuff is making Great Depression jokes. It’s madness! No. 1 In Infections; Pot for Profit; Crapping Out in China
by Joseph Hargett March 27, 2020 Great Stuff
Friday Four Play: The “WE’RE NO. 1!” Edition Are we having fun yet? Thousand-point swings in the Dow used to send investors panicking and running through the streets. Now? Meh. Been there, done that. This week, the Dow posted its biggest three-day gain since 1931. All the major financial publications crowed about it. “We’re back […]
As hopeful as you want to be … as hopeful as Wall Street wants to be … we aren't close to getting past the worst of the spread. 3.28 Million Lost; Micron Moves; Cheesecake Blues
by Joseph Hargett March 26, 2020 Great Stuff
Denial, Seems It Had to Come I warned you it was coming. I warned you it’d be bad. Relied on me to say it all. (Any Sevendust fans out there? No? Oh well…) Weekly jobless claims arrived today, and they were record-breaking. The U.S. Department of Labor reported that 3.28 million Americans filed for unemployment […]
The Fed has Wall Street covered, but what about you? It’s time to take market matters into your own hands. Powell Stimulates Nonstop; When Voltron Meets Hoth
by Joseph Hargett March 23, 2020 Great Stuff
The Most Stimulating Man in the World You want stimulus? You can’t handle all the stimulus the Federal Reserve is pumping out right now. In a move that almost lifted the markets into positive territory this morning, Federal Reserve Chairman Jerome Powell announced unlimited stimulus — yes, unlimited. “Aggressive effort must be taken across the […]

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