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Consumer prices set another abysmal record for the U.S. economy. There haven’t been this many bad records since disco.

Deflation at the Disco; Atomic Datadog; Musk the Martyr May 12, 2020 by Joseph Hargett Great Stuff Wall Street Spins Records This year is all about spinning records. Now, I love to drop vinyl on the turntable as much as the next guy. OK, probably more. There’s just a warm, nostalgic sound with records that you don’t get in today’s sanitized, digital world. But the U.S. economy hasn’t exactly dropped the decade’s […]

Big Brother … but Big Opportunity May 12, 2020 by Ted Bauman Big Picture. Big Profits., Investment Opportunities, Stocks [4-minute read] Like it or not, in the fight to reopen the economy we will lose some privacy. Buy this ticker so at least you can profit from it.

Wall Street expects a significant economic rebound after the “Great Reopening.” But can we really just flip a switch and return to normal?

Make America Confident Again; Musk’s No-Diesel Legal Weasel May 11, 2020 by Joseph Hargett Great Stuff Confidently Overconfident It’s one thing to be confident, dear reader. It’s another thing entirely to be blindly overconfident. Today, we saw Wall Street give a pause to last week’s massive rally, following one of the most devastating monthly U.S. jobs reports ever. It seems that more than a few analysts are starting to realize just […]

Wall Street shrugs as the U.S. economy goes from the lowest unemployment rate in 50 years to the worst in 50 years … in less than two months.

Who Needs Jobs?; Uber Eats $3 Billion Loss; Roku’s Still Boss May 8, 2020 by Joseph Hargett Great Stuff Friday Four Play: The ¯\_(ツ)_/¯ Edition It’s official. The U.S. economy is in tatters … and Wall Street doesn’t seem to mind. According to the Labor Department, the U.S. lost a record 20.5 million jobs in April. That’s roughly 25 times more lost jobs than in the worst month of the 2008 financial crisis. Furthermore, […]

A Double Bottom Would Be Bad News for These Big Companies May 8, 2020 by Ted Bauman 2020 Financial Crisis, Big Picture. Big Profits., Investing, Stocks [14-minute video] Giant corporations are using this crisis as an excuse to fleece their customers … but the stock market is about to punish them.