Latest Insights on DBA
Powell Stimulates Nonstop; When Voltron Meets Hoth
March 23, 2020 Great Stuff
The Most Stimulating Man in the World You want stimulus? You can’t handle all the stimulus the Federal Reserve is pumping out right now. In a move that almost lifted the markets into positive territory this morning, Federal Reserve Chairman Jerome Powell announced unlimited stimulus — yes, unlimited. “Aggressive effort must be taken across the […] Washington’s Cash Injection; Fujifilm’s Big Rejection
March 19, 2020 Great Stuff
Bye, Bye, Bull Market Ride A long, long time ago … I can still remember how that bull market used to make me smile. And I knew if I had my way that I could make those winning trades, and maybe we’d be happy for a while. But March made me shiver, with every issue […] Washington Makes It Rain; Invest in Biotech Again?
March 18, 2020 2020 Financial Crisis, Great Stuff
Time to Make It Rain Everybody’s talking about recession, depression, regression, correction, mass infection, elections… All Great Stuff is saying is “chill the freak out.” We’ve gone from no worry at all … to recession concerns … to full-blown depression fears in less than two weeks. It’s so bad that economists and analysts are already […] Econ Recon; Jobs at Amazon; Theaters Be Gone
March 17, 2020 Great Stuff
Dead Cats Can Dance Initial reports on the U.S. economy started rolling in this morning … and I’m not sure if you really want to look or not. The New York Federal Reserve’s Empire State Manufacturing Index plunged by the biggest margin on record: 34.4 points. The reading, which now stands at -21.5, indicates contraction […] 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. […]