Maniacs on the Trading Floor; Tesla’s Not Shocking AnymoreFebruary 19, 2020by Joseph Hargett2020 Financial Crisis, Great StuffSucking 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 — […]
The Fed Rate Cut, Solar Panels, Pot and Insulin – Strap inAugust 1, 2019by Joseph HargettGreat StuffFirst-World Market Problems The temper tantrum appears to be over … for now. Wall Street didn’t get exactly what it wanted, but it appears to have come to terms with what it got. Let’s be clear: It wasn’t just the 25-basis-point rate cut that the market wasn’t happy with. It was the Federal Reserve’s language […]
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