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Latest Insights on SAGE

The U.S. Senate just passed a new $484 billion pandemic relief bill. I was just thinking that I wasn’t stimulated enough. Oilers Upset; Nothin’ Streamin’ but Debt
by Joseph Hargett April 22, 2020 Great Stuff
Much Ado About Nothing? For the past several days, Wall Street fretted over plunging oil prices. Well, Wall Street was concerned for a while … the financial media just decided it was finally time to take notice. In classic financial media form, however, it appears that the hype surrounding negative oil prices actually prompted a […]
A lack of storage sent oil prices negative. They’re practically paying you to take oil right now. That’s bad, in case you were wondering. Oil Be Back … With Fake Pork and Coke
by Joseph Hargett April 21, 2020 Great Stuff
The Reverse Beverly Hillbillies Have you ever wanted to own your own barrel of oil? You know, just for funsies? Well, you are in luck! Due to pandemic lockdowns, plunging demand and a lack of storage space — the price of crude oil plummeted to the low, low price of about $1.25 today. Heck, 10-year-old […]
Don’t let this market play you for a fool. She don’t show no pity. She don’t make no rules. The Great Gilead Gaffe; P&G Earnings Are No Laugh
by Joseph Hargett April 17, 2020 Great Stuff
Friday Four Play: The “Fool in the Rain” Edition In the evening, when the day is done, I’m looking for market sanity, but the girl don’t come. So, don’t let the market play you for a fool. She don’t show no pity. She don’t make no rules. Last night, I scanned the market headlines before […]
Banking giants are dishing out a lot of jive this earnings season, but you don’t have to wail. Great Stuff has an opportunity for you to jump at. Outplaying Big Banks; J.B. Hunt Bucks Up
by Joseph Hargett April 15, 2020 Great Stuff
Banks Can’t Dance Regular Great Stuff readers know that music underpins many of our pop culture references. But, try as I might, I couldn’t come up with a good banking song for today’s issue. Not even a jingle. The only banking-related pop culture reference that came to mind was the old 1970s Smith Barney commercial: […]
Earnings season headlines promote a feeling of “everything’s OK” … but a darker message lies just beneath the surface. Relishing Relief: Fastenal Your Seatbelts
by Joseph Hargett April 14, 2020 Great Stuff
How Do You Spell Relief? And they’re off! The first (annual?) U.S. quarantined corporate earnings season kicked off this morning, and investors loved the red-hot rally action. It was 2% to 3% gains across the board as the market opened. Wall Street finally has concrete data on how the pandemic has affected American businesses. JPMorgan […]

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