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Wall Street shrugs as the U.S. economy goes from the lowest unemployment rate in 50 years to the worst in 50 years … in less than two months. Who Needs Jobs?; Uber Eats $3 Billion Loss; Roku’s Still Boss May 8, 2020 by Joseph Hargett Great Stuff Friday Four Play: The ¯\_(ツ)_/¯ Edition It’s official. The U.S. economy is in tatters … and Wall Street doesn’t seem to mind. According to the Labor Department, the U.S. lost a record 20.5 million jobs in April. That’s roughly 25 times more lost jobs than in the worst month of the 2008 financial crisis. Furthermore, […]
As jobless claims continue to soar, Wall Street’s sliver lining is “at least they aren’t soaring more.” Jobs on the Line; Peloton’s Doing Fine May 7, 2020 by Joseph Hargett Great Stuff Wall Street’s Breaking Bad This must be Thursday. I never could get the hang of Thursdays. — Arthur Dent, The Hitchhiker’s Guide to the Galaxy. Indeed, it is Thursday, dear reader. And you know what that means … weekly unemployment claims and a market rally. (More optimistically, it’s also Reader Feedback day! Read on…) The […]
With dine-in restaurants closed across the country, food delivery services such as Uber Eats, Grubhub and DoorDash are busier than ever. Poll: How Often Do You Order Food Delivery? April 12, 2020 by Winning Investor Daily Team Winning Investor Daily With dine-in restaurants closed across the country, food delivery services such as Uber Eats, Grubhub and DoorDash are busier than ever.
We're no strangers to the coronavirus. You know the rules and so do I. (So do I…) Market commitment's not what I'm thinking of. Great Stuff knows the game and we're gonna play it... Econ Disaster; Tobacco Grows Vaccines Faster? April 1, 2020 by Joseph Hargett Great Stuff Would You Like to Know More? Are you doing your part, citizen? Yesterday, the White House laid it all on the line. By staying the course on social distancing, we can do more than create a thousand points of light … We can save 2.2 million Americans. That’s 2 million dreams for the world we’re […]
The Fed’s emergency rate cut sent a message to Wall Street, but it’s not the message of hope that Fed Chair Jerome Powell thinks he sent. Powell Panics; AMD’s Frantic; Tesla Analysts Are Manic March 3, 2020 by Joseph Hargett Great Stuff Powell’s Panic at the Disco I originally wrote a nice Shakespearean Hamlet dissertation on “to buy, or not to buy?” in the current market environment. It was peppered with references, such as “suffering the slings and arrows of an uncertain market” and “taking up arms to go bargain-hunting in a sea of troubles.” It was […]

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