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Market optimism rises as the world’s central banks prepare to combine and form Voltron to battle the evil coronavirus. Fed Sells Sanctuary; A Flash in the Pan March 2, 2020 by Joseph Hargett Great Stuff The Fed Sells Sanctuary “Oh, the heads that turn make my back burn.” — The Cult, She Sells Sanctuary As the coronavirus began to spread in the U.S. over the weekend, we got our first look at just how economically devastating the disease can be … in China. In fact, Chinese manufacturing all but evaporated […]
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 February 27, 2020 by Joseph Hargett 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 […]
Great Stuff is all for “Rah-rah, go U.S. economy!” … but somebody needs to tell it like it is. Divining Dow Headlines; Bob’s Your Uncle at Disney February 26, 2020 by Joseph Hargett Great Stuff Getting Sentimental on the Dow Ever have one of those mornings when you read headlines from the major financial publications … and you nearly spit your coffee all over? I had one of those this morning. I watched as the headlines trended from “Dow Rallies 250 Points in Recovery Rally” to “Dow Rallies 200 Points” […]
It was supposed to be a beautiful day in the neighborhood, but Wall Street was hoping for a little less “beautiful” on the jobs front. Jobs Amassing, Aurora’s Crashing, Uber’s Dashing February 7, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “What Do You Mean, No Rate Cut?” Edition (Did a friend forward you this email? If so, you owe them big-time! Seriously, this is Great Stuff. We don’t take that title lightly. After you’ve thanked your friend profusely, why not sign up for yourself today? It’s mostly painless. I promise.) I […]
It’s time for Ford and General Motors to step up. Tesla’s on the verge of being the only relevant publicly traded American automaker. Tesla’s Cash Flows; Verizon’s Crossroads; Facebook Erodes January 30, 2020 by Joseph Hargett Great Stuff Tesla to Bears: Eat My Shorts Do we have any Tesla Inc. (Nasdaq: TSLA) bears reading today? I know you’re out there. You write in to Great Stuff every time I say something positive about the company. Well, get your emails ready. Today, Tesla’s taking a victory lap … and I’m saying: “I told you […]

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