Latest Insights on PGR
The Repo Man Is Coming; Snap’s Back; Comcast’s “Free” Flex
October 23, 2019 Great Stuff
The Repo-Rate Man Is Coming Did you think we were done talking about the Federal Reserve and repo rates? (I’ll bet you wished we were.) About one month ago, the financial media were filled with stories about a “mini” crisis involving overnight lending rates, bank liquidity and the Fed’s reserve rates for financial institutions. Yeah […] Apple’s $399 iPhone SE 2; Roku Queues up Apple TV+
October 15, 2019 Great Stuff
Thank God It’s Earnings Season! I don’t know about you, but I’m so tired of reading about China, trade and Trump tweets. If I had to write about tariffs one more day in a row, I’d gnaw my fingers off. Today, we have corporate earnings. Glorious corporate earnings. Well … mostly glorious. So far, 34 […] The U.S.-China Trade Deal Bamboozle: There is No Trade Deal
October 14, 2019 Great Stuff
You’ve Been Bamboozled Something is bothering me, dear Great Stuff readers. I feel you’ve been done a disservice by the financial media after Friday’s trade-deal love fest. So, to make things painfully clear, let’s just put this on the table now: There is no trade deal. I know, I know. You were told on Friday […] China’s Wild Ride; Netflix Remains on Top; Costco Sells Out
October 10, 2019 Great Stuff
President Trump: “But Do I?” Boy, did I jump the gun on the Chinese fire drill reference yesterday. Wall Street has literally been running around in circles all day due to conflicting reports surrounding the start of U.S.-China trade negotiations. First, we heard that there was no progress in the negotiations at the deputy level […] Wall Street’s Chinese Fire Drill; Roku Upgraded; Fitbit Leaves China
October 9, 2019 Great Stuff
Wall Street’s Chinese Fire Drill The needle on the “Trade War Cycle” moved again this morning. After yesterday’s heavy sell-off on trade fears, did you really expect anything less? The major market indexes are up just shy of 1% as of this writing. Traders are reportedly rallying around news that China will accept a partial […]