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There was a crack in Wall Street’s armor today, but it wasn’t jobless claims that made investors blink … it was China. Senate Wise Guys Draw China Eyes May 21, 2020 by Joseph Hargett Great Stuff The New Red Scare Here we are… Another Thursday, another weekly initial jobless claims report … and another stock market rally? Some 2.4 million Americans filed for first-time unemployment claims last week. The nine-week total of continuing claims now stands at nearly 39 million. Despite Main Street’s pain, Wall Street’s song remains the same. The […]
Consumer prices set another abysmal record for the U.S. economy. There haven’t been this many bad records since disco. Deflation at the Disco; Atomic Datadog; Musk the Martyr May 12, 2020 by Joseph Hargett Great Stuff Wall Street Spins Records This year is all about spinning records. Now, I love to drop vinyl on the turntable as much as the next guy. OK, probably more. There’s just a warm, nostalgic sound with records that you don’t get in today’s sanitized, digital world. But the U.S. economy hasn’t exactly dropped the decade’s […]
The U.S. economy just shrank for the first time since the financial crisis. There’s a mantra for times like this: The stock market is not the economy. U.S. Shrinkage, Box Office Trolls, Boeing Blows April 29, 2020 by Joseph Hargett Great Stuff Country Jerome and the Fed And it’s a one, two, three … what are we buying for? Don’t ask me, I don’t care a wit; next stop is a bull market. And it’s a five, six, seven … open up the pearly gates. Well there ain’t no time to wonder why, whoopee! Stocks are gonna […]
A lack of storage sent oil prices negative. They’re practically paying you to take oil right now. That’s bad, in case you were wondering. Oil Be Back … With Fake Pork and Coke April 21, 2020 by Joseph Hargett Great Stuff The Reverse Beverly Hillbillies Have you ever wanted to own your own barrel of oil? You know, just for funsies? Well, you are in luck! Due to pandemic lockdowns, plunging demand and a lack of storage space — the price of crude oil plummeted to the low, low price of about $1.25 today. Heck, 10-year-old […]
Profit Stacks: The Easiest $1.04 Million You’ve Ever Made April 18, 2020 by Kristen Barrett American Investor Today, Trading Strategies With this unconventional strategy, you can build a seven-figure nest egg in the months and years ahead. It doesn’t involve options, day trading or futures. Chad Shoop’s Profit Stacking strategy crushes traditional “buy and hold.”

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