Latest Insights on ROG
Trump Touts Containment; Investors Ain’t Having It
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 […] Wall Street’s Italian Job; Gilead’s Gilded Lead
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, […] The Fed Rolls On; Sticking Stamps.com
February 20, 2020 Great Stuff
In a Crisis, 3’s a Crowd Great news, everyone! The U.S. economy is fundamentally solid and the outlook “is a good picture,” at least according to Federal Reserve Vice Chairman Richard Clarida. The Fed’s vice chairman also touted the U.S.’s labor market — the strongest in 50 years — calling it a “huge positive.” Clarida […] Maniacs on the Trading Floor; Tesla’s Not Shocking Anymore
February 19, 2020 2020 Financial Crisis, Great Stuff
Sucking the Marrow out of Wall Street Today, dear readers, we’re going to talk about mania — Wall Street’s mania. From Virgin Galactic Holdings Inc. (NYSE: SPCE) to Tesla Inc. (Nasdaq: TSLA), investors have pushed stock valuations to the breaking point and beyond. In fact, Bank of America Corp. (NYSE: BAC) recently declared that — […] Apple Is the Canary; Buffett Goes Kroger-ing
February 18, 2020 Great Stuff
COVID-19: Greater Than Just Apple Oh man … what a weekend! (There ain’t no party like a Presidents Day party. Am I right?) But it wasn’t all George-cherry Jell-O shots and Abe appletinis… In this midst of consuming my executive branch libations, I was struck with a thought: What would it take for Wall Street […]