be_ixf;ym_202603 d_16; ct_50
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Great Stuff is all for “Rah-rah, go U.S. economy!” … but somebody needs to tell it like it is. Divining Dow Headlines; Bob’s Your Uncle at Disney February 26, 2020 by Joseph Hargett Great Stuff Getting Sentimental on the Dow Ever have one of those mornings when you read headlines from the major financial publications … and you nearly spit your coffee all over? I had one of those this morning. I watched as the headlines trended from “Dow Rallies 250 Points in Recovery Rally” to “Dow Rallies 200 Points” […]
The coronavirus market sell-off might be good for Buffett, but you’re not a billionaire. You need a different plan, and Great Stuff has it! Buffett’s Billionaire Bust; Nio’s Bailout Is a Must February 25, 2020 by Joseph Hargett Great Stuff Who Wants to Invest Like a Billionaire? We like talking heads here at Great Stuff … both the financial media version and the ’80s rock band. (“Burning Down the House” is oddly appropriate this week: “Hold tight, wait till the party’s over.”) So, when Warren Buffett — the Oracle of Omaha himself — chimed in […]
South Korea and Iran report COVID-19 outbreaks, but it was Italy’s news that truly sank Wall Street. Wall Street’s Italian Job; Gilead’s Gilded Lead February 24, 2020 by Joseph Hargett 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, […]
I have no idea if the CoronaCoin is a real thing, but I’m simultaneously disgusted and intrigued by the idea. CoronaCoin? Maybe Not; Dropbox Like It’s Hot February 21, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Crypto Goes Viral” Edition To paraphrase Dr. Ian Malcolm, “Capitalism, uh, finds a way.” If you’re not familiar with the great Dr. Ian Malcolm, he’s the chaos theory mathematician from 1993’s smash hit Jurassic Park. And the nifty little cryptocurrency I discovered this morning is nothing short of chaos. Say hello […]
Great news, everyone! The Fed says that the U.S. economy is solid and the outlook “is a good picture.” Never mind that pesky Chinese virus... The Fed Rolls On; Sticking Stamps.com February 20, 2020 by Joseph Hargett 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 […]

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