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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

by Joseph Hargett February 24, 2020 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, […]

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

by Joseph Hargett February 20, 2020 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 […]

Whatever your market plans, remember that Great Stuff is never gonna give you up, never gonna let you down … we’ll never run around or desert you!

China’s Potential Doom; INO’s Biotech Boom

by Joseph Hargett February 14, 2020 2020 Financial Crisis, Great Stuff

Friday Four Play: The “Never Gonna Give You Up” Edition Happy Valentine’s Day, dear readers! I don’t have chocolates, roses or even dinner reservations (I know, I’m a horrible date today). But I do have market data and stock gains for Great Stuff readers. Let’s start with the good news. U.S. retail sales rose for […]

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

by Joseph Hargett February 11, 2020 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 […]

It’s time for Ford and General Motors to step up. Tesla’s on the verge of being the only relevant publicly traded American automaker.

Tesla’s Cash Flows; Verizon’s Crossroads; Facebook Erodes

by Joseph Hargett January 30, 2020 Great Stuff

Tesla to Bears: Eat My Shorts Do we have any Tesla Inc. (Nasdaq: TSLA) bears reading today? I know you’re out there. You write in to Great Stuff every time I say something positive about the company. Well, get your emails ready. Today, Tesla’s taking a victory lap … and I’m saying: “I told you […]