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Jul 2, 2020
Congratulations taxpayer! You just bought a trucking company. Well, not an entire trucking company but you did get 30% of the equity in a trucking company. Via the WSJ:
U.S....
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Jun 12, 2020
Can you still call it crony capitalism if the crony is a foreign company?
TSMC Scores Subsidies and Picks Site for $12 Billion U.S. Plant
That's from a Bloomberg article...
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Jun 10, 2020
Have we entered a new bull market? Was the 35% pullback in the S&P 500 in March the fastest bear market in history? Or is this just a continuation of the bull market that started...
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Jun 4, 2020
I often hear investors say they want to wait for clarity about some issue before investing. Of course, once clarity is achieved it is too late to profit from it and those investors...
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May 19, 2020
"Intelligence is the ability to adapt to change." Stephen Hawking The economic news over the last month has been as awful as anyone alive has ever seen. Unemployment has risen...
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Apr 22, 2020
Two weeks ago, OPEC+ and the US came to a deal to cut crude oil production. President Trump hailed the deal, saying it would save "hundreds of thousands" of oil patch jobs. The Texas...
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Apr 7, 2020
It doesn't take much effort to find bearish sentiment about stocks or the economy right now. CNN's Fear & Greed Index, an amalgam of seven discrete market sentiment indicators, is...
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Mar 31, 2020
Stocks rose last week, a breathtaking, nearly 20% run off the recent lows before a pullback Friday trimmed the gain for the week to about 11%. That was certainly helpful but...
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Mar 24, 2020
Stocks took another beating last week as the scope of the coronavirus shutdown started to sink in. The S&P 500 was down 15% last week with most of that coming on Monday after the...
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Mar 17, 2020
Last week was one of the worst weeks in the history of the US stock market. Thursday's plunge was the worst one-day loss other than the crash of 1987. Friday's recovery was stunning...
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Mar 11, 2020
As I sit here Monday evening with the Dow having closed down 2000 points and the 10-year Treasury yield around 0.5%, the title of this update seems utterly ridiculous. With the new...
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Jan 9, 2020
Jul 2, 2020Congratulations taxpayer! You just bought a trucking company. Well, not an entire trucking company but you did get 30% of the equity in a trucking company. Via the WSJ: U.S....
Jun 12, 2020 Can you still call it crony capitalism if the crony is a foreign company? TSMC Scores Subsidies and Picks Site for $12 Billion U.S. Plant That's from a Bloomberg article...
Jun 10, 2020Have we entered a new bull market? Was the 35% pullback in the S&P 500 in March the fastest bear market in history? Or is this just a continuation of the bull market that started...
Jun 4, 2020I often hear investors say they want to wait for clarity about some issue before investing. Of course, once clarity is achieved it is too late to profit from it and those investors...
May 19, 2020"Intelligence is the ability to adapt to change." Stephen Hawking The economic news over the last month has been as awful as anyone alive has ever seen. Unemployment has risen...
Apr 22, 2020Two weeks ago, OPEC+ and the US came to a deal to cut crude oil production. President Trump hailed the deal, saying it would save "hundreds of thousands" of oil patch jobs. The Texas...
Apr 7, 2020It doesn't take much effort to find bearish sentiment about stocks or the economy right now. CNN's Fear & Greed Index, an amalgam of seven discrete market sentiment indicators, is...
Mar 31, 2020Stocks rose last week, a breathtaking, nearly 20% run off the recent lows before a pullback Friday trimmed the gain for the week to about 11%. That was certainly helpful but...
Mar 17, 2020Last week was one of the worst weeks in the history of the US stock market. Thursday's plunge was the worst one-day loss other than the crash of 1987. Friday's recovery was stunning...