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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 […]
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
by Joseph Hargett February 26, 2020 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” […]
The coronavirus market sell-off might be good for Buffett, but you’re not a billionaire. You need a different plan, and Great Stuff has it! Buffett’s Billionaire Bust; Nio’s Bailout Is a Must
by Joseph Hargett February 25, 2020 Great Stuff
Who Wants to Invest Like a Billionaire? We like talking heads here at Great Stuff … both the financial media version and the ’80s rock band. (“Burning Down the House” is oddly appropriate this week: “Hold tight, wait till the party’s over.”) So, when Warren Buffett — the Oracle of Omaha himself — chimed in […]
South Korea and Iran report COVID-19 outbreaks, but it was Italy’s news that truly sank Wall Street. Wall Street’s Italian Job; Gilead’s Gilded Lead
by Joseph Hargett February 24, 2020 2020 Financial Crisis, Great Stuff
The Kings of Wishful Thinking “I’ll get over you; I know I will. I’ll pretend my ship’s not sinking.” — Go West Don’t look now, but we have our first major COVID-19 outbreak in a Western country. Italy announced over the weekend that the number of confirmed coronavirus infections spiked to 230 patients. In response, […]
I have no idea if the CoronaCoin is a real thing, but I’m simultaneously disgusted and intrigued by the idea. CoronaCoin? Maybe Not; Dropbox Like It’s Hot
by Joseph Hargett February 21, 2020 Great Stuff
Friday Four Play: The “Crypto Goes Viral” Edition To paraphrase Dr. Ian Malcolm, “Capitalism, uh, finds a way.” If you’re not familiar with the great Dr. Ian Malcolm, he’s the chaos theory mathematician from 1993’s smash hit Jurassic Park. And the nifty little cryptocurrency I discovered this morning is nothing short of chaos. Say hello […]

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