Latest Insights on ESTE
Spooktober Is a Scream as Markets Fall 3% in 2 Days October 2, 2019 Great Stuff Spooktober Starts With a Scream According to my daughters, October is “spooky time!” Given how this month started off, they are more right than they know. It’s only the second day of the month, and both the Dow Jones Industrial Average and the S&P 500 Index are down roughly 3%. If that’s not spooky, I […]
The Fed’s Biggest Nightmare; Retail Gets Real; WeGiveUp October 1, 2019 Great Stuff Is the U.S. Economy Going Stag? I saw an ugly word pop up over the weekend. No, not that word … or that word, either. Seriously, you kiss your mother with that mouth? The word was “stagflation,” and it’s the word that the U.S. Federal Reserve fears most of all. Now, stagflation is traditionally defined […]
Micron Melts on Earnings; Beyond Meat McBoosted; Unicorn Wrangling September 27, 2019 Great Stuff Friday Four Play: The “Boy, Were They Wrong” Edition It’s been quite the week for boneheadedness on Wall Street … especially among analysts. To paraphrase Mark Twain: “But I repeat myself.” The biggest farce of the week has been Wall Street believing that a U.S.-China trade deal is near. We saw upticks in the Dow […]
Amazon’s Alexa Goes Full Samuel Jackson; Peloton’s Pricey IPO September 26, 2019 Great Stuff Say “Alexa” Again, I Dare You No, it’s not 2001. We’re way past that at this point. Alexa is taking over. Amazon.com Inc. (Nasdaq: AMZN) held a major reveal yesterday. There were no spiffy invitations like you get for Apple Inc. (Nasdaq: AAPL) events … so you might have missed it. At the event, Amazon […]
Legislation Is Dead; Nike Taps Into Girl Power September 25, 2019 Great Stuff Well … Ain’t That a Peach? It’s official. The impeachment of President Donald Trump has begun. House Speaker Nancy Pelosi announced a formal impeachment inquiry into the president late yesterday. And it only took a public shaming from presidential hopeful Senator Elizabeth Warren over the weekend to make it happen. That’s about all the political […]





