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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 […]
2 Recession-Proof Stocks Set for 2020 May 14, 2020 by Charles Mizrahi 2020 Financial Crisis, American Investor Today, Investment Opportunities (8-minute video) With businesses shut down and unemployment skyrocketing, it’s important to invest in industries that will do well once the economy returns to normal. Today, Charles Mizrahi shows you two recession-proof stocks that could hand investors big returns over the long term.
Federal Reserve Chairman Jerome Powell spoke this morning, and it was all that Wall Street could do to keep from crying. Powell’s Wake-Up Call; Uber Eats It All; Progyny Stands Tall May 13, 2020 by Joseph Hargett Great Stuff You Don’t Have to Call Me Darlin’ When Federal Reserve Chairman Jerome Powell spoke this morning, well … it was all that Wall Street could do to keep from crying. Speaking during a webcast with the Peterson Institute for International Economics, Powell warned that the COVID-19 pandemic could “leave behind lasting damage” to U.S. economic […]
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 […]
A Double Bottom Would Be Bad News for These Big Companies May 8, 2020 by Ted Bauman 2020 Financial Crisis, Big Picture. Big Profits., Investing, Stocks [14-minute video] Giant corporations are using this crisis as an excuse to fleece their customers … but the stock market is about to punish them.

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