Latest Insights on PGR
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 […]
Micron Melts on Earnings; Beyond Meat McBoosted; Unicorn Wrangling September 27, 2019 Great Stuff Friday Four Play: The “Boy, Were They Wrong” Edition It’s been quite the week for boneheadedness on Wall Street … especially among analysts. To paraphrase Mark Twain: “But I repeat myself.” The biggest farce of the week has been Wall Street believing that a U.S.-China trade deal is near. We saw upticks in the Dow […]
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