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I felt a great disturbance in the economy, as if millions of voices suddenly cried out in terror and were suddenly unemployed.

6.6 Million Job Cuts; Luckin Nuts; Zoom’s a Klutz April 2, 2020 by Joseph Hargett Great Stuff Thanks, I Hate Record-Setting Years Anyone else tired of records? I’m not talking about vinyl. My vinyl collection is one of the few things keeping me sane during this quarantine (The White Album, Led Zeppelin IV, Ziggy Stardust, Dark Side of the Moon, Facelift, Paul’s Boutique, World Domination … it gets more eccentric as the […]

The Fed has Wall Street covered, but what about you? It’s time to take market matters into your own hands.

Powell Stimulates Nonstop; When Voltron Meets Hoth March 23, 2020 by Joseph Hargett Great Stuff The Most Stimulating Man in the World You want stimulus? You can’t handle all the stimulus the Federal Reserve is pumping out right now. In a move that almost lifted the markets into positive territory this morning, Federal Reserve Chairman Jerome Powell announced unlimited stimulus — yes, unlimited. “Aggressive effort must be taken across the […]

Nothing says “market confidence” like two interest rate cuts in less than a month. Great Stuff has you covered — with stock market confidence to spare.

Fed on the Run; Apple Stunned; Airlines Plunge March 16, 2020 by Joseph Hargett Great Stuff When the Fed Hits the Fan… Anyone else feel like they’re stuck in a time loop? This morning, U.S. futures trading halted after hitting a down-limit loss of 5% … again. Then, immediately after the markets opened for regular trading, stocks plunged 8% to trigger another halt … again. This fresh round of Wall Street […]

Sportsball comes to a halt, but markets rebound and Wall Street takes it to the limit … one more time.

March Madness; Disney Sadness; Apple Gladness March 13, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Take It to the Limit” Edition The third time’s the charm, right? That’s what they say, anyway. Dow futures hit the circuit breakers once again this morning as markets took it to the limit … one more time. Most of us are sad after Wall Street experienced its worst day since […]

President Trump tried to ease COVID-19 fears last night, but that attempt went over like a lead balloon with Wall Street.

Trump Touts Containment; Investors Ain’t Having It February 27, 2020 by Joseph Hargett 2020 Financial Crisis, Great Stuff Going to California There was an attempt last night to assuage growing coronavirus fears in the U.S. But that attempt went over like a lead balloon. Following the fifth consecutive drop in U.S. markets, President Donald Trump expressed a whole lotta love for the nation. Trump assured everyone: “Because of all we’ve done the risk […]