Latest Insights on HEAR
A Claim Too Far: The Market’s Line in the Sand
May 14, 2020 Great Stuff
Batten Down the Hatches I struggled with sugarcoating things for you today, but then I remembered … this is Great Stuff, we don’t do that here! For the past couple of weeks, the market has idled in the eye of the pandemic storm. For all the volatility, the market has made little headway since early […] Powell’s Wake-Up Call; Uber Eats It All; Progyny Stands Tall
May 13, 2020 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 […] Deflation at the Disco; Atomic Datadog; Musk the Martyr
May 12, 2020 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 […] Make America Confident Again; Musk’s No-Diesel Legal Weasel
May 11, 2020 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 […] Who Needs Jobs?; Uber Eats $3 Billion Loss; Roku’s Still Boss
May 8, 2020 Great Stuff
Friday Four Play: The ¯\_(ツ)_/¯ Edition It’s official. The U.S. economy is in tatters … and Wall Street doesn’t seem to mind. According to the Labor Department, the U.S. lost a record 20.5 million jobs in April. That’s roughly 25 times more lost jobs than in the worst month of the 2008 financial crisis. Furthermore, […]