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Latest Insights on FORD

The pandemic’s worst may be over, but this is just the tip of the pandemic iceberg where the U.S. economy is concerned. Titanic Earnings; Choppy Sailing; Cinemas Failing April 13, 2020 by Joseph Hargett Great Stuff A Titanic Earnings Season The markets rallied sharply last week in anticipation that things are starting to get better. And, admittedly they are … where the pandemic is concerned. According to the Centers for Disease Control and Prevention (CDC), the outbreak is finally stabilizing across the U.S. Dr. Anthony Fauci, director of the National Institute […]
This Bailout is for Wall Street … Not Main Street April 13, 2020 by Angela Jirau 2020 Financial Crisis, Big Picture. Big Profits., U.S. Economy [17-minute video] The stimulus coming from the Fed and Washington D.C. is like water: It takes the easiest path it can find. Thanks to 40 years of pro-Wall Street policies, the only parts of the emergency stimulus having an impact are those aimed at the financial sector. That’s setting us up for a repeat of the post-2008 scenario … On steroids.
Former Fed Chair Bernanke predicted that U.S. gross domestic product would fall 30%. Tell me again how we’re not comparing this to the Great Depression? Manic Markets, Sailing Saudis and Muddy Waters April 8, 2020 by Joseph Hargett Great Stuff The Volatility Experience Manic depression is searching my soul. I know what I want, but I just don’t know. — Jimi Hendrix, “Manic Depression.” Did you see yesterday’s reversal? The market was up more than 3% across the board and then … pow! Total market reversal. Someone must’ve crossed the streams. Rather than panic about […]
As hopeful as you want to be … as hopeful as Wall Street wants to be … we aren't close to getting past the worst of the spread. 3.28 Million Lost; Micron Moves; Cheesecake Blues March 26, 2020 by Joseph Hargett Great Stuff Denial, Seems It Had to Come I warned you it was coming. I warned you it’d be bad. Relied on me to say it all. (Any Sevendust fans out there? No? Oh well…) Weekly jobless claims arrived today, and they were record-breaking. The U.S. Department of Labor reported that 3.28 million Americans filed for unemployment […]
The market has seen so many dead cat bounces lately that these cats aren’t just bouncing … they’re dancing. Don’t be hypnotized — it’s a trap! Econ Recon; Jobs at Amazon; Theaters Be Gone March 17, 2020 by Joseph Hargett Great Stuff Dead Cats Can Dance Initial reports on the U.S. economy started rolling in this morning … and I’m not sure if you really want to look or not. The New York Federal Reserve’s Empire State Manufacturing Index plunged by the biggest margin on record: 34.4 points. The reading, which now stands at -21.5, indicates contraction […]

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