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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 […]

How Safe Is That Dividend? April 7, 2020 by Ted Bauman 2020 Financial Crisis, Big Picture. Big Profits., U.S. Economy [5-minute read] If you’re collecting dividends from this sector, you may want to rethink your investment…

It is the best of times; it is the worst of times. The market rallied in the spring of hope, but we’re likely headed toward a coronavirus winter of despair.

Tangled Market Morgans; Therapy in the Lap of Luxury April 6, 2020 by Joseph Hargett Great Stuff A Tale of 2 Morgans It is the best of times; it is the worst of times. We’re living in both an age of wisdom and an age of foolishness. And while this weekend’s coronavirus news helped lift expectations for the spring of hope … we’re likely headed toward a winter of despair. Dickens? On […]

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 felt a great disturbance in the economy, as if millions of voices suddenly cried out in terror and were suddenly unemployed.

6.6 Million Job Cuts; Luckin Nuts; Zoom’s a Klutz April 2, 2020 by Joseph Hargett Great Stuff Thanks, I Hate Record-Setting Years Anyone else tired of records? I’m not talking about vinyl. My vinyl collection is one of the few things keeping me sane during this quarantine (The White Album, Led Zeppelin IV, Ziggy Stardust, Dark Side of the Moon, Facelift, Paul’s Boutique, World Domination … it gets more eccentric as the […]