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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, […]
Bitcoin went from the toast of the town to a dumpster in a back alley. But, it had previously risen from multiple 75%-plus falls. 1 HUGE Event Will Send Bitcoin to $20,000 May 8, 2020 by Ian King Currency, Investment Opportunities, Winning Investor Daily Bitcoin went from the toast of the town to a dumpster in a back alley. But, it had previously risen from multiple 75%-plus falls.
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 […]
Lockdown Changed Consumer Behavior and Now These 2 Stocks Will Soar May 7, 2020 by Charles Mizrahi 2020 Financial Crisis, American Investor Today, U.S. Economy (12-minute video) As a result of shelter-in-place orders, some industries are suffering … while others are thriving. Today, Charles Mizrahi tells you about two industries that are set to soar when things return to normal — and provides you with a pick from each.
Trillions, unlimited stimulus, 20.2 million unemployed … unprecedented numbers, all. It’s no wonder Wall Street is vapor locked and rallying on bad news. Jobs Data Vapor Lock; Shopify Shocks; Gamers Game Amok May 6, 2020 by Joseph Hargett Great Stuff The Market Gods Are Crazy Any Great Stuff readers home-schooling kids right now? It’s quite the experience, let me tell you. New math? Pshaw … I’ve done things with fractions and limits in the past week that would turn you white. Yes, Mr. Great Stuff, we get it. Math is hard. But what about the […]

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