Big Banks Bound; Nike Left Barfoot; Mobile Suit EksoJune 26, 2020by Joseph HargettGreat StuffFriday Four Play: The “Follow the Bouncing Banks” Edition What in the wild, wild world of banks is a goin’ on here? Yesterday, the Federal Deposited Insurance Commission (FDIC) rolled back Volcker Rule restrictions on big banks. Put simply, the loosened rules allow banking giants to more easily channel money into risky investments, such as […]
Dow Drops Sow Doubt; Dell’s Dull DoldrumsJune 24, 2020by Joseph HargettGreat StuffThe Fed Stands Alone If you read the news today … oh, boy. Four thousand cases in Blackburn, Arizona. And though the cases were rather small, no case is small when it’s the ‘ronaaaa. I don’t want to turn you off, but the Dow dropped nearly 800 points during the day. The rest of the […]
Jobs on the Line; Peloton’s Doing FineMay 7, 2020by Joseph HargettGreat StuffWall Street’s Breaking Bad This must be Thursday. I never could get the hang of Thursdays. — Arthur Dent, The Hitchhiker’s Guide to the Galaxy. Indeed, it is Thursday, dear reader. And you know what that means … weekly unemployment claims and a market rally. (More optimistically, it’s also Reader Feedback day! Read on…) The […]
Omaha Oracle Blindsided; Tyson’s Chicken Gets FriedMay 4, 2020by Joseph HargettGreat StuffMay the 4th Be With You Wall Street faced rising U.S.-China trade tensions and plunging oil prices today … again. Seriously? Is it just me, or are the writers for this season of “Wall Street” quickly running out of ideas? But, the real story of the day wasn’t falling oil prices or trade wars — […]
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