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President Trump tried to ease COVID-19 fears last night, but that attempt went over like a lead balloon with Wall Street. Trump Touts Containment; Investors Ain’t Having It
by Joseph Hargett February 27, 2020 2020 Financial Crisis, Great Stuff
Going to California There was an attempt last night to assuage growing coronavirus fears in the U.S. But that attempt went over like a lead balloon. Following the fifth consecutive drop in U.S. markets, President Donald Trump expressed a whole lotta love for the nation. Trump assured everyone: “Because of all we’ve done the risk […]
coronavirus fears and stock market increases This Play Is Set to Soar — With or Without the Coronavirus
by Clint Lee February 26, 2020 2020 Financial Crisis, Big Picture. Big Profits., Investment Opportunities, U.S. Economy
[3-minute read] Demographic trends will deliver massive long-term profits.
I have no idea if the CoronaCoin is a real thing, but I’m simultaneously disgusted and intrigued by the idea. CoronaCoin? Maybe Not; Dropbox Like It’s Hot
by Joseph Hargett February 21, 2020 Great Stuff
Friday Four Play: The “Crypto Goes Viral” Edition To paraphrase Dr. Ian Malcolm, “Capitalism, uh, finds a way.” If you’re not familiar with the great Dr. Ian Malcolm, he’s the chaos theory mathematician from 1993’s smash hit Jurassic Park. And the nifty little cryptocurrency I discovered this morning is nothing short of chaos. Say hello […]
Great news, everyone! The Fed says that the U.S. economy is solid and the outlook “is a good picture.” Never mind that pesky Chinese virus... The Fed Rolls On; Sticking Stamps.com
by Joseph Hargett February 20, 2020 Great Stuff
In a Crisis, 3’s a Crowd Great news, everyone! The U.S. economy is fundamentally solid and the outlook “is a good picture,” at least according to Federal Reserve Vice Chairman Richard Clarida. The Fed’s vice chairman also touted the U.S.’s labor market — the strongest in 50 years — calling it a “huge positive.” Clarida […]
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
by Joseph Hargett February 19, 2020 2020 Financial Crisis, Great Stuff
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 — […]

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