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Latest Insights on BODY

When Rates Rise, It’s Time to Bounce on Banks
by Joseph Hargett June 11, 2019 Great Stuff
In the day, we sweat it out on Wall Street, in a runaway bull-market dream. At night, President Trump tweets about mansions of glory and interest-rate-cutting machines. In his latest series of tweets, Trump is stepping out over the line. “The Fed interest rate is way too high, added to ridiculous quantitative tightening. They don’t […]
Mexico’s Sword of Damocles
by Joseph Hargett June 10, 2019 Great Stuff
The U.S. and Mexico reached an agreement on trade and immigration this weekend. So, it’s time to celebrate. Crisis averted! Or is it? The promised 5% tariff on Mexican goods hasn’t been completely eradicated. It’s just been “indefinitely suspended.” In other words, President Trump could bring it back at any moment if he decides that […]
Friday Four Play: IPO Edition
by Joseph Hargett June 7, 2019 Great Stuff
Initial public offerings (IPOs) are finally cool again! Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (Nasdaq: LYFT) tried their hardest to scuttle enthusiasm in the IPO market. But Wall Street has finally shaken off those doldrums. I mean, Uber is finally trading back above its IPO price … so we’re all good, right? (Sorry, […]
Carmageddon Is Coming
by Joseph Hargett June 6, 2019 Great Stuff
And I looked, and beheld pale affordable ride-sharing: and his name that caught a Lyft was Death, and Carmageddon followed with him. Are you prepared for the end of times for personal vehicles? Dogs and cats ride-sharing together … mass hysteria! It’s happening already. Well, not the “dogs and cats” thing. They don’t have opposable […]
Trade War Part 2: Interest-Rate Cut Boogaloo
by Joseph Hargett June 5, 2019 Great Stuff
The U.S.-China trade war has entered phase 2. The first phase was hiking tariffs and trying to see who would blink first. But neither side blinked. In fact, China called the U.S. on tariffs and backed out of trade negotiations in May amid some pretty strong rhetoric. Now, with both countries feeling the tariff effects, […]

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