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Wall Street bets big on a bullish tsunami after states embark on the Great Economic Reopening. Your results may vary… Wackos in China, Lowe’s Gets Low, Inovio’s Got Flow May 20, 2020 by Joseph Hargett Great Stuff You Can Run on for a Long Time Sooner or later, the market will cut you down. Despite the foreboding song of the day, we’re not talking about doom and gloom again today. With all the floods, plagues, fires, swarms of locusts and murder hornets, I just couldn’t resist a reference to the man in […]
Positive vaccine data prompts stock market spike. Is this the beginning of the end for the coronavirus nightmare? Vaccine Dreams: Moderna, Sorrento and Novavax May 18, 2020 by Joseph Hargett 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 by Ted Bauman 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.
Federal Reserve Chairman Jerome Powell spoke this morning, and it was all that Wall Street could do to keep from crying. Powell’s Wake-Up Call; Uber Eats It All; Progyny Stands Tall May 13, 2020 by Joseph Hargett 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 […]
Consumer prices set another abysmal record for the U.S. economy. There haven’t been this many bad records since disco. Deflation at the Disco; Atomic Datadog; Musk the Martyr May 12, 2020 by Joseph Hargett 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 […]

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