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This certainly doesn’t look like a “12% away from all-time highs” market or economy to me. Does it to you? Dow 25,000? Get Real; Robinhood’s Most Wanted … Is Carnival? May 27, 2020 by Joseph Hargett Great Stuff Enema of the State I’m in a mood today, dear reader, so let this be a warning that a rant is incoming. First, let’s start out with today’s astonishing development that sparked this Great Stuff mood. The Dow Jones Industrial Average topped 25,000 today — the culmination of a 35% rush off its March lows. […]
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 […]
Forget the Fed: This Stock Market Fantasy Will End May 15, 2020 by Ted Bauman 2020 Financial Crisis, Big Picture. Big Profits., U.S. Economy [18-minute video] The gap between financial markets and the real economy has pushed us into fantasyland territory … Get ready for a rude awakening.
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 […]
The Oracle of Omaha lost big in this crazy market. But Great Stuff has better opportunities that won’t buffet your portfolio. Omaha Oracle Blindsided; Tyson’s Chicken Gets Fried May 4, 2020 by Joseph Hargett Great Stuff May the 4th Be With You Wall Street faced rising U.S.-China trade tensions and plunging oil prices today … again. Seriously? Is it just me, or are the writers for this season of “Wall Street” quickly running out of ideas? But, the real story of the day wasn’t falling oil prices or trade wars — […]

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