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We’ll Pay You to Take Our Money
August 31, 2021 Big Picture. Big Profits., Economy, Investing
What if the Federal Reserve tried to give away money … and nobody wanted it?
That’s exactly what’s happening.
Last week, the stock market behaved as it always does in the run-up to a big Fed announcement.
Stocks traded sideways all week. Then on Friday, when Fed Chairman Jerome Powell said the central bank wasn’t going to be changing anything soon, everyone started buying again.
This is a familiar routine. It’s based on the assumption that the Fed has the power to raise or lower interest rates by buying bonds out of the market in exchange for cash injections.
But what if that assumption is wrong? Crypto Curmudgeons, Affirm Confirms & Support in Short Supply
August 30, 2021 Great Stuff
Old Man Yells At New Market Come gather ‘round people wherever you roam, and admit that the waters around you have grown… The times they are a-changin’, Great Ones. And like Dylan sang: You better start swimmin’, or you’ll sink like a stone. OK, I actually have a point that ties all this nonsense into […] Lordstown Motors: Epic Comeback Or Falling To Pieces?
August 28, 2021 Great Stuff
What’s The Deal With Lordstown Motors? Question for you Great Ones: Can changing a company’s CEO really change a company’s stars? Can one man make things epic? (OK, that was two questions.) Electric vehicle (EV) maker Lordstown Motors (Nasdaq: ) and its investors certainly hope so. And if Daniel A. Ninivaggi’s history is anything to […] Apple’s Court Of A-Peels, The Dell With It & Ford’s F-It-150
August 27, 2021 Great Stuff
Friday Four Play: The “Too Late For Love” Edition Somewhere in the distance, I hear the opening bell ring. Apple (Nasdaq: ) news settles on the Street as investors start to sing. And the developer ‘cross the street, she shuts out the night. There’s a thousand customers waiting … and she shuts out the light. […] Satellite Scuffles, Kuiper Kool-Aid & Desktop Metal Militia
August 26, 2021 Great Stuff
Billionaire Boss Fight It’s that time again, Great Ones! Today’s the day we stick our grubby little hands into the Great Stuff mailbag and munch on your delicious Reader Feedback. A sweet little investing question here, some savory market meme-ry over there, and we have ourselves a hot, fresh helping of greatness … or something […]