Latest Insights on SPI
The IRS Is Coming for Your Bitcoin Profits July 29, 2019 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 — […]
Tesla’s “Production Hell” and “Logistics Hell” Tanks Shares July 25, 2019 Great Stuff “Living easy, living free. Season ticket on a one-way ride.” AC/DC ain’t got nothing on Tesla Inc. (Nasdaq: TSLA). After going through “production hell” and “logistics hell,” CEO Elon Musk is in his own personal hell this morning. Tesla posted a loss of $1.12 per share in the second quarter, missing even the most bearish […]
Corporations Rig the Investing Game – How to Protect Yourself July 24, 2019 Global Economy, Investing, Winning Investor Daily The financial engineering tricks that have kept U.S. profits high on paper for the last decade are starting to falter.
Earnings Food for Thought: McDonald’s, Chipotle and Starbucks July 22, 2019 Great Stuff I have a weakness for ramen. Not the cheap Maruchan stuff that we lived on in college, but the “boutique” stuff you find at your local ramen-bowl restaurants. This weakness proved to be my undoing this morning. I had a bowl of some spicy, chicken-fire ramen last night … and I’m still on fire today. […]
Friday Four Play: Boeing’s $4.9 Billion Q2 Loss, WeWork CEO Takes $700 Million July 19, 2019 Great Stuff This week has been very bizarre. How bizarre? (How bizarre. How bizarre.) People are planning a civilian raid on Area 51, and the Fed is planning to cut rates — despite a growing U.S. economy, for Pete’s sake. Unfortunately, you’re not in an episode of Black Mirror. This is the timeline we’re stuck in right […]MEET OUR EXPERTS
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