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Latest Insights on CGC

After not getting a $2 trillion valuation for Saudi Aramco, the compnay took its ball and went home. Lowe’s Train Leaves the Depot; Saudis Go Home & The Bearish Barrage November 20, 2019 by Joseph Hargett Great Stuff First World Problems? Saudi Crown Prince Mohammed bin Salman is having a terrible, horrible, no good, very bad year. This past month, the Saudi Arabian prince and head of state-owned Saudi Aramco learned that his newly minted initial public offering (IPO) was worth way less than he expected. Despite protests that he hadn’t even taken […]
Prepare for more “get tough” rhetoric and a market dip as the trade war cycles on. Walmart Soars, Disney+ Roars and Trade Tears Pour November 14, 2019 by Joseph Hargett Great Stuff You Better Stop, and Look Around… Here it comes. Here it comes. Here comes your 19th market breakdown. Oh, who’s to blame. These trade talks are just insane. Last Friday, I warned that President Trump was getting tough on trade with China once again. Following a week of speculation on tariff rollbacks, Trump made it […]
I might need some Disney+ (and bourbon) this week to take my mind off a pair of speeches from President Trump and Federal Reserve Chairman Jerome Powell. Pause Disney+ for Your Daily Trade War Update November 12, 2019 by Joseph Hargett Great Stuff When You Wish Upon a Death Star… Happy Disney+ day! Yes, it’s finally here. After months and months of waiting, we can finally stream all the Disney, Star Wars and Marvel content (and all that other stuff) that we want! Tonight, I’m bingeing The Mandalorian, with some Star Wars: The Clone Wars and The World […]
Thank a veteran for their service in whatever way you can. Alibaba Singles’ Day Crushes $30 Billion; Elon Goes After Mr. Unicorn November 11, 2019 by Joseph Hargett Great Stuff Happy Veterans Day Now for a quick history lesson: Today, as many of you know, is Veterans Day. It’s set on November 11 because “the Great War” officially ended on this day back in 1918. It’s when the armistice with Germany went into effect — hence its original name, Armistice Day. In 1954, Armistice Day […]
Tesla’s record deliveries raise “demand concerns.” That’s how crazy the Tesla hype cycle has become. Tesla Struggles With Wall Street’s Lofty Expectations October 3, 2019 by Joseph Hargett Great Stuff Record Deliveries, Record Pessimism When it rains, it pours. What started out as a skirmish for connectivity with my internet service provider has turned into all-out warfare. Charter/Spectrum … we’re going to have words about the area-wide outage today. Some of us have actual work to do. Due to a combination of extenuating circumstances, you’re […]

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