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Latest Insights on RUTH

The U.S. Senate just passed a new $484 billion pandemic relief bill. I was just thinking that I wasn’t stimulated enough. Oilers Upset; Nothin’ Streamin’ but Debt April 22, 2020 by Joseph Hargett Great Stuff Much Ado About Nothing? For the past several days, Wall Street fretted over plunging oil prices. Well, Wall Street was concerned for a while … the financial media just decided it was finally time to take notice. In classic financial media form, however, it appears that the hype surrounding negative oil prices actually prompted a […]
Earnings season headlines promote a feeling of “everything’s OK” … but a darker message lies just beneath the surface. Relishing Relief: Fastenal Your Seatbelts April 14, 2020 by Joseph Hargett Great Stuff How Do You Spell Relief? And they’re off! The first (annual?) U.S. quarantined corporate earnings season kicked off this morning, and investors loved the red-hot rally action. It was 2% to 3% gains across the board as the market opened. Wall Street finally has concrete data on how the pandemic has affected American businesses. JPMorgan […]
Time to Stop Bailing Out Corporate America April 14, 2020 by Ted Bauman 2020 Financial Crisis, Big Picture. Big Profits., U.S. Economy [4-minute read] Taxpayers have seen this movie before … reward poorly run large corporations with money from Washington in the belief they’ll invest in creating jobs. It doesn’t end well.
The pandemic’s worst may be over, but this is just the tip of the pandemic iceberg where the U.S. economy is concerned. Titanic Earnings; Choppy Sailing; Cinemas Failing April 13, 2020 by Joseph Hargett Great Stuff A Titanic Earnings Season The markets rallied sharply last week in anticipation that things are starting to get better. And, admittedly they are … where the pandemic is concerned. According to the Centers for Disease Control and Prevention (CDC), the outbreak is finally stabilizing across the U.S. Dr. Anthony Fauci, director of the National Institute […]
We’re Headed for a Double Bottom in The Stock Market April 10, 2020 by Ted Bauman 2020 Financial Crisis, Big Picture. Big Profits., U.S. Economy [10-minute video] Stocks have recovered a lot of ground recently … but when headlines come out about the hit to GDP and manufacturing indexes, investors will panic again.

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