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The IRS Is Coming for Your Bitcoin Profits July 29, 2019 by Joseph Hargett Great Stuff Fear and Follies on Wall Street We’ve got an interesting week ahead of us. Between a potential Federal Reserve rate cut, Democrats running for president and the IRS going after bitcoin profits, we’ll either be laughing or crying by Friday. Tomorrow, the Federal Reserve begins its two-day meeting to decide how to screw up — […]

Friday Four Play: Good Jobs = Bad News July 5, 2019 by Joseph Hargett Great Stuff That was quite the Fourth of July celebration, wasn’t it? The fireworks, the music … and stuff. Freedom was everywhere. It was awesome. I don’t know about you, but I’m beat this morning. Apparently, so is the market. But we’ll get to that in a minute. Next week, I’m going on vacation to celebrate my […]

Don’t Wreck It, Ralph June 20, 2019 by Joseph Hargett Great Stuff I’m no Ralph Kramden, but even I can see that the market is ready for launch. Like I said in yesterday’s Great Stuff, anything but complete inaction by the U.S. Federal Reserve was likely to spark a rally — and save Fed Chair Jerome Powell’s job. All Powell had to do was drop the word “patient” from the Fed’s […]

The Fabulous Mr. Fed June 19, 2019 by Joseph Hargett Great Stuff Welcome to Fed Day! Are you on pins and needles yet? Today is the day that the U.S. Federal Reserve concludes its two-day policy meeting and gives its outlook on interest rates. You, my dear reader in the future, may already know how this all played out. If so, don’t tell me yet … I […]

Are You Ready for Another War? June 18, 2019 by Joseph Hargett Great Stuff There are so many wars right now, I’ve lost count. There’s the U.S.-China trade war. A potential U.S. war with Iran. A war on LGBTQ people. Even a war on Christmas. You might be all warred out, but too bad. There’s yet another war brewing. European Central Bank (ECB) President and amateur Bob Saget impersonator, […]