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Latest Insights on SST

The U.S. Senate just passed a new $484 billion pandemic relief bill. I was just thinking that I wasn’t stimulated enough. Oilers Upset; Nothin’ Streamin’ but Debt April 22, 2020 by Joseph Hargett Great Stuff Much Ado About Nothing? For the past several days, Wall Street fretted over plunging oil prices. Well, Wall Street was concerned for a while … the financial media just decided it was finally time to take notice. In classic financial media form, however, it appears that the hype surrounding negative oil prices actually prompted a […]
Former Fed Chair Bernanke predicted that U.S. gross domestic product would fall 30%. Tell me again how we’re not comparing this to the Great Depression? Manic Markets, Sailing Saudis and Muddy Waters April 8, 2020 by Joseph Hargett Great Stuff The Volatility Experience Manic depression is searching my soul. I know what I want, but I just don’t know. — Jimi Hendrix, “Manic Depression.” Did you see yesterday’s reversal? The market was up more than 3% across the board and then … pow! Total market reversal. Someone must’ve crossed the streams. Rather than panic about […]
I wish I had better market news, but the truth hurts. Sure, it’s not as much as jumping on a bicycle without a seat, but it hurts. Jobs Vs. Corona; Drinking Constellations; Tesla Celebrations April 3, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Come on Get Happy” Edition It’s Friday, and everyone knows you gotta get down on Friday. You know, you’ve gotta be fresh? Gotta go downstairs … have a bowl of cereal? (With all the good music you reference, Mr. Great Stuff … Rebecca Black? Why? Just … why?) Yeah … about […]
I can’t believe that I — the guy making financial memes— had to be the one to sound the warning, but that’s where we are in this market. Apple Is the Canary; Buffett Goes Kroger-ing February 18, 2020 by Joseph Hargett 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 […]
The Sprint/T-Mobile deal is big trouble for moose and squirrel … er, rather, Verizon and AT&T. I’ll let you decide which is the squirrel and which is the moose. Sprin(T)-Mobile; This Dish Is Bananas February 11, 2020 by Joseph Hargett Great Stuff The Un-Network Is Now THE Network And then there were three… The wireless market got a touch smaller and far more interesting this morning. A U.S. federal judge ruled in favor of the $26 billion merger between Sprint Corp. (NYSE: S) and T-Mobile US Inc. (Nasdaq: TMUS). The ruling shut down a multistate challenge to […]

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