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President Trump tried to ease COVID-19 fears last night, but that attempt went over like a lead balloon with Wall Street. Trump Touts Containment; Investors Ain’t Having It February 27, 2020 by Joseph Hargett 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 […]
coronavirus panic Survive the Meltdown — Don’t Panic Now February 27, 2020 by Anthony Planas 2020 Financial Crisis, American Investor Today, Economy Panic is setting in over the coronavirus outbreak. But times of fear and greed are why we have a plan. Make sure you know your plan for a market sell-off, and stick to it! Anthony Planas shares a strategy for blocking out the noise to find great deals — even during a sell-off.
Great Stuff is all for “Rah-rah, go U.S. economy!” … but somebody needs to tell it like it is. Divining Dow Headlines; Bob’s Your Uncle at Disney February 26, 2020 by Joseph Hargett Great Stuff Getting Sentimental on the Dow Ever have one of those mornings when you read headlines from the major financial publications … and you nearly spit your coffee all over? I had one of those this morning. I watched as the headlines trended from “Dow Rallies 250 Points in Recovery Rally” to “Dow Rallies 200 Points” […]
South Korea and Iran report COVID-19 outbreaks, but it was Italy’s news that truly sank Wall Street. Wall Street’s Italian Job; Gilead’s Gilded Lead February 24, 2020 by Joseph Hargett 2020 Financial Crisis, Great Stuff The Kings of Wishful Thinking “I’ll get over you; I know I will. I’ll pretend my ship’s not sinking.” — Go West Don’t look now, but we have our first major COVID-19 outbreak in a Western country. Italy announced over the weekend that the number of confirmed coronavirus infections spiked to 230 patients. In response, […]
Great news, everyone! The Fed says that the U.S. economy is solid and the outlook “is a good picture.” Never mind that pesky Chinese virus... The Fed Rolls On; Sticking Stamps.com February 20, 2020 by Joseph Hargett Great Stuff In a Crisis, 3’s a Crowd Great news, everyone! The U.S. economy is fundamentally solid and the outlook “is a good picture,” at least according to Federal Reserve Vice Chairman Richard Clarida. The Fed’s vice chairman also touted the U.S.’s labor market — the strongest in 50 years — calling it a “huge positive.” Clarida […]

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