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Positive vaccine data prompts stock market spike. Is this the beginning of the end for the coronavirus nightmare?

Vaccine Dreams: Moderna, Sorrento and Novavax May 18, 2020 by Joseph Hargett Great Stuff Damn the Torpedoes! The U.S. economy’s got something. We both know it, but we don’t talk too much about it. Ain’t no real big secret all the same. Somehow, we get around it. Listen, it don’t really matter to Wall Street. Investors believe what they want to believe. And what Wall Street believes right now […]

China Trade War 2.0: The No. 1 Way to Play It May 18, 2020 by Angela Jirau Big Picture. Big Profits., Global Economy, Investment Opportunities, Technology [14-minute video] The trade fight with China is back. Focusing on what that means for Big Tech — Google, Microsoft, Netflix and more — means you’re missing the bigger picture ... and the big opportunity ahead.

Holy cats! It was a busy Friday: consumer spending, blocked Huawei, Chinese threats, virus testing, bouncing banks? That’s quite a smorgasbord of market-moving data.

Retail Weeps, China Creeps, Bankers Beat and Testing Sleeps May 15, 2020 by Joseph Hargett Great Stuff Friday Four Play: You Down With PPT? Holy cats! It was one busy Friday. I mean, we had a literal smorgasbord of market-moving data … all in one day: Consumer spending set another record in April, plunging 16.4%. President Trump blocked semiconductor shipments to Huawei. China threatened to activate its “unreliable entity list.” Trump questioned […]

The Fed Failed Us — Protect Yourself With Gold May 14, 2020 by Brian Christopher Gold, U.S. Economy, Winning Investor Daily Current estimates show the Fed will print $3.5 trillion (with a “T”) to cover its deficit this year. But it can’t debase gold.

With 36 million jobless claims and the China trade deal in the hot seat, Wall Street may have finally realized the enormity of the U.S.’s economic situation.

A Claim Too Far: The Market’s Line in the Sand May 14, 2020 by Joseph Hargett Great Stuff Batten Down the Hatches I struggled with sugarcoating things for you today, but then I remembered … this is Great Stuff, we don’t do that here! For the past couple of weeks, the market has idled in the eye of the pandemic storm. For all the volatility, the market has made little headway since early […]