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Latest Insights on ESTE

The market tells the Fed what it should be doing, not vice versa. That’s how it maintained transparency after the global financial crisis. The Fed Is Now Dovish — Why the Markets Haven’t Really Changed The market tells the Fed what it should be doing, not vice versa. That’s how it maintained transparency after the global financial crisis.
Friday Four Play: IPO Edition
by Joseph Hargett June 7, 2019 Great Stuff
Initial public offerings (IPOs) are finally cool again! Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (Nasdaq: LYFT) tried their hardest to scuttle enthusiasm in the IPO market. But Wall Street has finally shaken off those doldrums. I mean, Uber is finally trading back above its IPO price … so we’re all good, right? (Sorry, […]
Trade War Part 2: Interest-Rate Cut Boogaloo
by Joseph Hargett June 5, 2019 Great Stuff
The U.S.-China trade war has entered phase 2. The first phase was hiking tariffs and trying to see who would blink first. But neither side blinked. In fact, China called the U.S. on tariffs and backed out of trade negotiations in May amid some pretty strong rhetoric. Now, with both countries feeling the tariff effects, […]
It doesn’t matter whether the federal government is right to pursue Big Tech. If you’re a shareholder, what matters is what happens to the stock price. Big Tech Stocks Tank Under Antitrust Scrutiny It doesn’t matter whether the federal government is wrong or right to pursue Big Tech. If you’re a shareholder, what matters is what happens to the stock price.
Apple’s Rotten Truth
by Joseph Hargett June 4, 2019 Great Stuff
Apple Inc.’s (Nasdaq: AAPL) iTunes is dead. The iconic music software that helped drive iPod and iPhone sales is on the way out. Eighteen is such a young age to go. *Sniff* But it is a necessary death. iPhone sales have tanked for the past two quarters. Consumers just don’t see the point in paying more […]

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