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Wall Street realizes that it might have … maybe … perhaps … possibly overreacted to the coronavirus outbreak.

Kung Flu Crazy; Borg Assimilates Delphi; Apple Cooks up Earnings January 28, 2020 by Joseph Hargett Great Stuff Kung Flu Crazy Another day, another virus story. Are you sick and tired of the “kung flu” yet? (Editor’s Note: If you’re sick and tired with the kung flu, please seek medical attention immediately.) After getting the sweats yesterday, the market appears to feel much better today. Much like you when you’re out of sick […]

That December 15 deadline for new Chinese tariffs wasn’t really a deadline. It was more of a guideline. It’s time to play “kick the can” on trade again!

PG&E: Let Them Eat Stocks December 10, 2019 by Joseph Hargett Great Stuff A Hill of Beans Of all the financial newsletters in all the towns in all the world … the “people familiar with the talks” had to walk into mine. You know how those “people” said that a trade deal would happen before the deadline for new Chinese tariffs on December 15? About that … we’re […]

We’re staring down the barrel of what could prove to be the most eventful week of the year. What’s so important this week? Central banks and trade war deals, that’s what.

Tesla Stock Price Insanity; Biotech Buyout Madness December 9, 2019 by Joseph Hargett Great Stuff Are You Ready to Make A Deal? We’re staring down the barrel of what could prove to be the most eventful week of the year … and the market is holding its breath. (But don’t hold yours. Seriously, it’s a week. You can’t hold your breath for an entire week!) What’s so important this week? […]

After not getting a $2 trillion valuation for Saudi Aramco, the compnay took its ball and went home.

Lowe’s Train Leaves the Depot; Saudis Go Home & The Bearish Barrage November 20, 2019 by Joseph Hargett Great Stuff First World Problems? Saudi Crown Prince Mohammed bin Salman is having a terrible, horrible, no good, very bad year. This past month, the Saudi Arabian prince and head of state-owned Saudi Aramco learned that his newly minted initial public offering (IPO) was worth way less than he expected. Despite protests that he hadn’t even taken […]