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Wall Street shrugs as the U.S. economy goes from the lowest unemployment rate in 50 years to the worst in 50 years … in less than two months.

Who Needs Jobs?; Uber Eats $3 Billion Loss; Roku’s Still Boss May 8, 2020 by Joseph Hargett Great Stuff Friday Four Play: The ¯\_(ツ)_/¯ Edition It’s official. The U.S. economy is in tatters … and Wall Street doesn’t seem to mind. According to the Labor Department, the U.S. lost a record 20.5 million jobs in April. That’s roughly 25 times more lost jobs than in the worst month of the 2008 financial crisis. Furthermore, […]

As jobless claims continue to soar, Wall Street’s sliver lining is “at least they aren’t soaring more.”

Jobs on the Line; Peloton’s Doing Fine May 7, 2020 by Joseph Hargett Great Stuff Wall Street’s Breaking Bad This must be Thursday. I never could get the hang of Thursdays. — Arthur Dent, The Hitchhiker’s Guide to the Galaxy. Indeed, it is Thursday, dear reader. And you know what that means … weekly unemployment claims and a market rally. (More optimistically, it’s also Reader Feedback day! Read on…) The […]

Trillions, unlimited stimulus, 20.2 million unemployed … unprecedented numbers, all. It’s no wonder Wall Street is vapor locked and rallying on bad news.

Jobs Data Vapor Lock; Shopify Shocks; Gamers Game Amok May 6, 2020 by Joseph Hargett Great Stuff The Market Gods Are Crazy Any Great Stuff readers home-schooling kids right now? It’s quite the experience, let me tell you. New math? Pshaw … I’ve done things with fractions and limits in the past week that would turn you white. Yes, Mr. Great Stuff, we get it. Math is hard. But what about the […]

Cash in on a Sure Thing in the Post-Crisis World April 28, 2020 by Ted Bauman 2020 Financial Crisis, Big Picture. Big Profits., Stocks [4-minute read] Economic change means new winners and losers … here’s an ETF that is a can’t-miss play on one huge pandemic-accelerated trend.

The economy sheds 26 million jobs, and Wall Street rallies. No, this isn’t a glitch in the Matrix … no matter how much we wish it was.

Economy Grapples; Targeting Apples; New Great Stuff Pick! April 23, 2020 by Joseph Hargett Great Stuff Goodbye Yellow Brick Road When are you gonna come down? When are you going to land? Filings for initial jobless claims jumped by 4.4 million last week, the U.S. Department of Labor reported today … and the market rallied. No, this isn’t déjà vu. This isn’t a glitch in the Matrix … no matter how […]