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Beyond Nuggets – KFC Chicken-Free Chicken August 26, 2019 by Joseph Hargett Great Stuff This Is the Song That Never Ends Yes, it goes on and on, my friend. Some countries started singing it, not knowing what it was. And they’ll continue singing it forever, just because… Boy howdy … we had one heck of a weekend. It started off with President Trump’s backlash against increased tariffs from China […]

GEnron, Nvidia’s New Normal and Buying Greenland August 16, 2019 by Joseph Hargett Great Stuff Friday Four Play: GEnron, Nvidia’s New Normal and Buying Greenland The word on the Street today is that the market’s rallying because of strong consumer spending. Well, rallying is a strong word. Bouncing, maybe? Pretty much any positive news is going to lift spirits at this point, and Wall Street is clinging tightly to any […]

Walmart Won’t Yield for the Inverted Curve; Alibaba Black Sheep August 15, 2019 by Joseph Hargett Great Stuff No Money, Mo’ Problems OK, class. Today, I’m going to try to learn you something. I’m sure you’ve heard that the Dow plunged more than 800 points yesterday — its biggest one-day loss of the year. The reason for that plunge was the inverted yield curve. You may have also heard from the financial media […]

Averting the Trade War on Christmas August 14, 2019 by Joseph Hargett Great Stuff Averting the Trade War on Christmas I knew there was another reason for the delayed tariffs that I overlooked. The real reason. Yesterday, I riffed on the “Pavlov’s dogs” motif when talking about the market’s reaction to the tariff news. You know, the news that the 10% tariffs on Chinese imports would be delayed until […]

The Curse of Pavlov’s Market; Verizon’s Tumblr Fire Sale August 13, 2019 by Joseph Hargett Great Stuff Pavlov’s Market Wall Street has been conditioned. The White House says a trade deal is practically done … the market rallies. The very next day, the White House levies 10% tariffs on Chinese goods … the market plunges. Ring the bell once — rally. Ring the bell twice — sell-off. We are truly living in […]