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Latest Insights on NKE

deficit ball of money about to explode $3.8 Trillion Deficit Means Another Financial Crisis This year’s spending will put the country at its highest debt levels since World War II, when fiscal deficits soared to pay for war spending.
Earnings season headlines promote a feeling of “everything’s OK” … but a darker message lies just beneath the surface. Relishing Relief: Fastenal Your Seatbelts
by Joseph Hargett April 14, 2020 Great Stuff
How Do You Spell Relief? And they’re off! The first (annual?) U.S. quarantined corporate earnings season kicked off this morning, and investors loved the red-hot rally action. It was 2% to 3% gains across the board as the market opened. Wall Street finally has concrete data on how the pandemic has affected American businesses. JPMorgan […]
Warren Buffett Warren Buffett Told Me Something I’ll Never Forget When I interviewed Berkshire Hathaway CEO Warren Buffett, he would often mention a certain financial term over and over again.
I want to believe the market rally means a new bull market, and that rainbows and monkeys will fly out of my … well, you get the picture. Market FOMO Rising; Disney Plus Ultra
by Joseph Hargett April 9, 2020 Great Stuff
Mr. FOMO Risin’ If you ever needed clear proof that the stock market does not represent the U.S. economy, today provided it. The U.S. Department of Labor announced that 6.6 million Americans filed for first-time unemployment benefits last week. The latest data bring the total of new claims to more than 16 million for the […]
Former Fed Chair Bernanke predicted that U.S. gross domestic product would fall 30%. Tell me again how we’re not comparing this to the Great Depression? Manic Markets, Sailing Saudis and Muddy Waters
by Joseph Hargett April 8, 2020 Great Stuff
The Volatility Experience Manic depression is searching my soul. I know what I want, but I just don’t know. — Jimi Hendrix, “Manic Depression.” Did you see yesterday’s reversal? The market was up more than 3% across the board and then … pow! Total market reversal. Someone must’ve crossed the streams. Rather than panic about […]

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WHAT READERS ARE SAYING..

“At the end of August [2018], my 401K was $659,000. Now, on September 4th [2018], it’s $715,000. My account is up $56,000 in the last 5 days!”

- Warren O

"You told me to ignore the noise on Wall Street. And thanks to you, I started towards the end of 2016 with $200,000 in my account and I recently put in an extra $100,000. [As of February 2019] My account is worth $500,788! I would’ve missed out if I followed conventional wisdom."

- Helen C.

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