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President Trump tried to ease COVID-19 fears last night, but that attempt went over like a lead balloon with Wall Street. Trump Touts Containment; Investors Ain’t Having It
by Joseph Hargett February 27, 2020 2020 Financial Crisis, Great Stuff
Going to California There was an attempt last night to assuage growing coronavirus fears in the U.S. But that attempt went over like a lead balloon. Following the fifth consecutive drop in U.S. markets, President Donald Trump expressed a whole lotta love for the nation. Trump assured everyone: “Because of all we’ve done the risk […]
How to Survive Pandemic Fears
by Ted Bauman February 25, 2020 2020 Financial Crisis, Big Picture. Big Profits., Global Economy
[6-minute read] Don’t panic. Answer these three simple questions instead.
Great news, everyone! The Fed says that the U.S. economy is solid and the outlook “is a good picture.” Never mind that pesky Chinese virus... The Fed Rolls On; Sticking Stamps.com
by Joseph Hargett February 20, 2020 Great Stuff
In a Crisis, 3’s a Crowd Great news, everyone! The U.S. economy is fundamentally solid and the outlook “is a good picture,” at least according to Federal Reserve Vice Chairman Richard Clarida. The Fed’s vice chairman also touted the U.S.’s labor market — the strongest in 50 years — calling it a “huge positive.” Clarida […]
When the market has no respect for risk, what’s the difference between speculation and investing? Maniacs on the Trading Floor; Tesla’s Not Shocking Anymore
by Joseph Hargett February 19, 2020 2020 Financial Crisis, Great Stuff
Sucking the Marrow out of Wall Street Today, dear readers, we’re going to talk about mania — Wall Street’s mania. From Virgin Galactic Holdings Inc. (NYSE: SPCE) to Tesla Inc. (Nasdaq: TSLA), investors have pushed stock valuations to the breaking point and beyond. In fact, Bank of America Corp. (NYSE: BAC) recently declared that — […]
The market’s got chills. They’re multiplying. And China’s losing control. Because the Wuhan virus they’re supplying … is electrifying! Alibaba Explains It All; Tesla’s $2 Billion Call
by Joseph Hargett February 13, 2020 Great Stuff
Alibaba Explains It All The market’s got chills. They’re multiplying. And China’s losing control. Because the Wuhan virus they’re supplying … is electrifying! Yesterday’s lull in new, reported coronavirus infections was the calm before the storm. Today, China announced 15,152 new cases and 254 new deaths. The totals now stand at more than 60,0000 confirmed […]

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