Latest Insights on RIDE
Vaccine Dreams: Moderna, Sorrento and Novavax
May 18, 2020 Great Stuff
Damn the Torpedoes! The U.S. economy’s got something. We both know it, but we don’t talk too much about it. Ain’t no real big secret all the same. Somehow, we get around it. Listen, it don’t really matter to Wall Street. Investors believe what they want to believe. And what Wall Street believes right now […] Forget the Fed: This Stock Market Fantasy Will End
May 15, 2020 2020 Financial Crisis, Big Picture. Big Profits., U.S. Economy
[18-minute video] The gap between financial markets and the real economy has pushed us into fantasyland territory … Get ready for a rude awakening. Powell’s Wake-Up Call; Uber Eats It All; Progyny Stands Tall
May 13, 2020 Great Stuff
You Don’t Have to Call Me Darlin’ When Federal Reserve Chairman Jerome Powell spoke this morning, well … it was all that Wall Street could do to keep from crying. Speaking during a webcast with the Peterson Institute for International Economics, Powell warned that the COVID-19 pandemic could “leave behind lasting damage” to U.S. economic […] Deflation at the Disco; Atomic Datadog; Musk the Martyr
May 12, 2020 Great Stuff
Wall Street Spins Records This year is all about spinning records. Now, I love to drop vinyl on the turntable as much as the next guy. OK, probably more. There’s just a warm, nostalgic sound with records that you don’t get in today’s sanitized, digital world. But the U.S. economy hasn’t exactly dropped the decade’s […] Who Needs Jobs?; Uber Eats $3 Billion Loss; Roku’s Still Boss
May 8, 2020 Great Stuff
Friday Four Play: The ¯\_(ツ)_/¯ Edition It’s official. The U.S. economy is in tatters … and Wall Street doesn’t seem to mind. According to the Labor Department, the U.S. lost a record 20.5 million jobs in April. That’s roughly 25 times more lost jobs than in the worst month of the 2008 financial crisis. Furthermore, […]