Latest Insights on TLT
Job Unrest; Abbott Tests; Netflix’s Best
April 16, 2020 Great Stuff
You’ve Got a Friend in Me “So, no one told you life was gonna be this way … (insert clapping here).” Weekly jobless claims are in, dear reader, and I had to do a double take. Roughly 5.24 million Americans filed new unemployment claims last week, according to the U.S. Department of Labor. Now, we’ve […] Fed on the Run; Apple Stunned; Airlines Plunge
March 16, 2020 Great Stuff
When the Fed Hits the Fan… Anyone else feel like they’re stuck in a time loop? This morning, U.S. futures trading halted after hitting a down-limit loss of 5% … again. Then, immediately after the markets opened for regular trading, stocks plunged 8% to trigger another halt … again. This fresh round of Wall Street […] Travel Bans and Broken Circuit Breakers
March 12, 2020 2020 Financial Crisis, Great Stuff
Rolling in the Deep Double the circuit breakers, double the fun? For the second time this week, trading halted on Wall Street — both in futures trading and during the regular session. Welcome to the bear market. Sparking the chaos this time around was President Trump’s less-than-reassuring and confusing response to the growing COVID-19 threat. […] Oil Price Wars, Virus Bores, Inovio Soars
March 9, 2020 2020 Financial Crisis, Great Stuff
It’s the End of the World as We Know It … and I Feel Fine Well, you can say one positive thing about 2020 so far: It hasn’t been boring. So far, we’ve seen a U.S.-China trade war, World War III threats, Australia on fire and a global pandemic. And it’s only March. But wait […] Trump Touts Containment; Investors Ain’t Having It
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 […]