Latest Insights on MAIN
Nio’s Stopped Short; McCormick Gets Spicy; TikTok On Borrowed Time
June 29, 2022 Great Stuff
Nio’s Grizzly Bear Market It’s not quite Fourth of July weekend yet, Great Ones, but that didn’t stop the fireworks from flying in Nio’s (NYSE: ) neck of the woods this morning. Yeah, it didn’t stop my neighbor at 10 o’clock last night either… I’ve been there … and you have my deepest sympathies (especially […] Flipping Off The Housing Market; These Boots Weren’t Made For Walking
June 28, 2022 Great Stuff
‘Cause This Is Shiller It’s close to 9 a.m., and something evil’s lurking in the dark. No, it’s not “Thriller” under the moonlight — it’s the latest Case-Shiller Index! *Distant shrieking and mass panic* I know, I know. The widely used gauge of housing market health isn’t so much “thrilling” as it is … chilling? […] The Fed’s $8,000/Year “Mortgage Tax”
June 28, 2022 Big Picture. Big Profits., Investment Opportunities, News, U.S. Economy
Inflation is caused by a mismatch between supply and demand. The Federal Reserve can’t increase the supply of goods and services. So, to control prices it must engineer “demand destruction.” That’s as nasty as it sounds. I’ve already explained how the Fed uses the “wealth effect” to make households with lots of stocks cut spending … and why that strategy won’t work with U.S. wealth concentrated in so few hands. I also explored how big changes in the U.S. and global economy since the 1970s will force the Fed to raise interest rates A LOT to bring inflation down. Today, we’re going to look at the impact of their demand destruction on U.S. households. Frontier’s In Good Spirits; Juul Smokes The FDA; Life’s A Carnival Cruise
June 27, 2022 Great Stuff
Spirits Having Flown I never fell in love so easily. Where the four winds blow, Wall Street carries on. I’d like to take you where my Spirit flies. Through the empty skies, we invest alone… Hmmm. Don’t tell me — I got this. Bee Gees, right? Is it “Spirits Having Flown” … from the (criminally […] Options Arena: SPACdown
June 26, 2022 Investing, Options Arena, Trading Strategies, True Options Masters
SPACs were the hottest investment of 2021, but many are down by half if not more. Were these always a bad idea — or was it just bad timing?