Latest Insights on AWAY
Wall Street’s Italian Job; Gilead’s Gilded Lead
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, […] The Fed Rolls On; Sticking Stamps.com
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 […] Maniacs on the Trading Floor; Tesla’s Not Shocking Anymore
February 19, 2020 2020 Financial Crisis, Great Stuff
Sucking the Marrow out of Wall Street Today, dear readers, we’re going to talk about mania — Wall Street’s mania. From Virgin Galactic Holdings Inc. (NYSE: SPCE) to Tesla Inc. (Nasdaq: TSLA), investors have pushed stock valuations to the breaking point and beyond. In fact, Bank of America Corp. (NYSE: BAC) recently declared that — […] Apple Is the Canary; Buffett Goes Kroger-ing
February 18, 2020 Great Stuff
COVID-19: Greater Than Just Apple Oh man … what a weekend! (There ain’t no party like a Presidents Day party. Am I right?) But it wasn’t all George-cherry Jell-O shots and Abe appletinis… In this midst of consuming my executive branch libations, I was struck with a thought: What would it take for Wall Street […] Bitcoin Is Back — Amazon-Like Gains Are Ahead
February 14, 2020 Currency, Winning Investor Daily
While crypto mania won’t come back overnight, I suspect bitcoin and other crypto assets will follow Amazon’s growth trajectory over the next few decades.