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Federal Reserve Chairman Jerome Powell spoke this morning, and it was all that Wall Street could do to keep from crying.

Powell’s Wake-Up Call; Uber Eats It All; Progyny Stands Tall May 13, 2020 by Joseph Hargett Great Stuff You Don’t Have to Call Me Darlin’ When Federal Reserve Chairman Jerome Powell spoke this morning, well … it was all that Wall Street could do to keep from crying. Speaking during a webcast with the Peterson Institute for International Economics, Powell warned that the COVID-19 pandemic could “leave behind lasting damage” to U.S. economic […]

Consumer prices set another abysmal record for the U.S. economy. There haven’t been this many bad records since disco.

Deflation at the Disco; Atomic Datadog; Musk the Martyr May 12, 2020 by Joseph Hargett Great Stuff Wall Street Spins Records This year is all about spinning records. Now, I love to drop vinyl on the turntable as much as the next guy. OK, probably more. There’s just a warm, nostalgic sound with records that you don’t get in today’s sanitized, digital world. But the U.S. economy hasn’t exactly dropped the decade’s […]

Wall Street expects a significant economic rebound after the “Great Reopening.” But can we really just flip a switch and return to normal?

Make America Confident Again; Musk’s No-Diesel Legal Weasel May 11, 2020 by Joseph Hargett Great Stuff Confidently Overconfident It’s one thing to be confident, dear reader. It’s another thing entirely to be blindly overconfident. Today, we saw Wall Street give a pause to last week’s massive rally, following one of the most devastating monthly U.S. jobs reports ever. It seems that more than a few analysts are starting to realize just […]

A recent poll on Twitter demonstrates that a vaccine is crucial to get our economy back to normal.

Poll: Are You Willing to Go out Without a Vaccine? May 10, 2020 by Winning Investor Daily Team Winning Investor Daily A recent poll on Twitter demonstrates that a vaccine is crucial to get our economy back to normal.