Latest Insights on WORK
Volatility Scares; Nikola Tears Bears; Deplorable Oracles
June 17, 2020 Great Stuff
Reality Bites Today, dear reader, I’m dropping reality bombs. So, fasten your seatbelts and put your tray tables in the upright position. Ready? Good. There will most likely be a second economic lockdown. I know. Everyone from the Treasury secretary to President Trump himself has said it won’t happen. It’s out of their hands now. […] This “Greater Fool” Market Will End Badly
June 17, 2020 2020 Financial Crisis, Stocks, Winning Investor Daily
The problem with markets trading under the greater fool theory is that we eventually run out of fools. Don’t Buy the Fed Bailout. It’s Old News!
June 17, 2020 2020 Financial Crisis, American Investor Today, News
(3-minute read) It’s not a conspiracy: There’s a government organization propping up the stock market. The Fed is getting desperate to keep investors afloat. But they’re not going to succeed. Wall Street’s Usual Suspects; Royal Drugs and Wireless Bugs
June 16, 2020 Great Stuff
The Usual Suspects The market’s usual suspects are at it again. I’ll let you argue over who’s Mr. Pink, Mr. Brown, et cetera. There are three reasons why the market rallied today: coronavirus news, economic data and the Federal Reserve. The biggest of these, naturally, is the Federal Reserve. Yesterday, Fed Chairman Jerome Powell announced […] Ignore Wall Street Analysts — Here’s Why
June 16, 2020 American Investor Today, News, Seasonal Trends, Stocks
(4-minute read) Most Wall Street analysts are more interested in looking like they’re paying attention than actually paying attention. Luckily, Chad Shoop isn’t a Wall Street analyst. He has a much better way to predict the market.