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The market is dying to COVID-19 fear, but Great Stuff is killing it… (Phrasing? Do we not do “phrasing” anymore?) While Wall Street Falls, Great Stuff Goes Alpha February 28, 2020 by Joseph Hargett 2020 Financial Crisis, Great Stuff Friday Four Play: The “Get a Leg up” Edition It’s no secret … I like being right. But to reference a line from The Matrix: “Not like this. Not like this.” So far this week, the Dow is off 3,200 points … and counting. Wall Street’s favorite barometer is down roughly 13% from its February […]
Great Stuff is all for “Rah-rah, go U.S. economy!” … but somebody needs to tell it like it is. Divining Dow Headlines; Bob’s Your Uncle at Disney February 26, 2020 by Joseph Hargett Great Stuff Getting Sentimental on the Dow Ever have one of those mornings when you read headlines from the major financial publications … and you nearly spit your coffee all over? I had one of those this morning. I watched as the headlines trended from “Dow Rallies 250 Points in Recovery Rally” to “Dow Rallies 200 Points” […]
Jerome Powell doesn’t believe in directly funding the U.S. government, which is interesting when you consider that’s exactly what he’s doing. The Fed Shells; Shopify Excels; Lyft Smells February 12, 2020 by Joseph Hargett Great Stuff The Fed’s Shell Game Federal Reserve Chairman Jerome Powell just finished back-to-back meetings with the House Financial Services Committee and the Senate banking committee. It was exciting stuff … let me tell you. Kind of like watching paint dry. It’s no wonder the financial media are still focused on the Wuhan coronavirus and the market’s […]
The Sprint/T-Mobile deal is big trouble for moose and squirrel … er, rather, Verizon and AT&T. I’ll let you decide which is the squirrel and which is the moose. Sprin(T)-Mobile; This Dish Is Bananas February 11, 2020 by Joseph Hargett Great Stuff The Un-Network Is Now THE Network And then there were three… The wireless market got a touch smaller and far more interesting this morning. A U.S. federal judge ruled in favor of the $26 billion merger between Sprint Corp. (NYSE: S) and T-Mobile US Inc. (Nasdaq: TMUS). The ruling shut down a multistate challenge to […]
The latest U.S. private payrolls data are in, and the economy is looking stronger than ever! (If you judge things solely on jobs data, that is.) Jobs Wow Wall Street … Disney, Not so Much February 5, 2020 by Joseph Hargett Great Stuff Keepin’ the Bulls Happy I live for moments like today, dear reader. The latest U.S. private payrolls data are in, and the economy is looking stronger than ever! (If you judge things solely on jobs data, that is.) Yes, I know I preach a bit of doom and gloom from time to time, but someone […]

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