Nov. 7, 2021
It's the sort of thing that just has to catch your eye: Moderna, the Covid 19 Vaccine maker lost an incredible 31% of its value this week. That's $43 billion wiped out in a single week, more than half of that on Thursday alo…
Nov. 7, 2021
It's the sort of thing that just has to catch your eye: Moderna, the Covid 19 Vaccine maker lost an incredible 31% of its value this week. That's $43 billion wiped out in a single week, more than half of that on Thursday alo…
Nov. 7, 2021
Overall I see this economy on the knife's edge. As a powerful recovery is now starting to wane. And all the external forces, prices, monetary policy, and Vaccine Mandate all work against further expansion.
Nov. 6, 2021
Overall I see this economy on the knife's edge. As a powerful recovery is now starting to wane. And all the external forces, prices, monetary policy, and Vaccine Mandate all work against further expansion.
Nov. 6, 2021
Overall I see this economy on the knife's edge. As a powerful recovery is now starting to wane. And all the external forces, prices, monetary policy, and Vaccine Mandate all work against further expansion.
Nov. 6, 2021
As you know this entire Pandemic, has hit the labor sector of the economy the hardest. From over 20 million unemployed at the height of the lockdown last year to an elevated unemployment rate for now 19 months. At last, jo…
Nov. 5, 2021
As you know this entire Pandemic, has hit the labor sector of the economy the hardest. From over 20 million unemployed at the height of the lockdown last year to an elevated unemployment rate for now 19 months. At last, jo…
Nov. 5, 2021
A great day for the labor economy, As payroll numbers explode by over half a million. And as sterling a mark as that was. What was really noteworthy: this was all done by Private Industry. Interestingly government employme…
Nov. 5, 2021
This morning the Occupational Safety and Health Administration, acting on behalf of the Department of Labor, will publish a new mandate that will require that all companies with more than 100 employees shall have those emplo…
Nov. 5, 2021
For Moderna, this latest financial report for Q3 is the second quarter that the company shows a profit. Q2 was the first time ever Moderna became profitable. Moderna has one and only one commercial product, the Covid 19 Vacc…
Nov. 4, 2021
As we near the close, we see that stocks are mixed with the Dow down, but NASDAQ in particular higher, on the performance of two stocks. Big gains by Nvidia and by Qualcomm. Both stocks are up by double digits right now. On …
Nov. 4, 2021
I don't care who you point to: Apple, Microsoft whomever, I've never seen any company grow this fast and this profitable. Such is the scope of the current health crisis, and the deep pockets of American taxpayers.
Nov. 4, 2021
With all the hoopla yesterday, it's easy to forget what really happened. There were, after all, new highs for all the major indexes and averages. If I recall correctly that puts us at well over 50 new highs this year. There…
Nov. 4, 2021
You could sense the relief at Broad and Wall Street, as the Fed did exactly what was expected. You know it's an interesting comment on this Lawyer trained Chairman of the Fed, Jerome Powell. He seems from all outward appear…
Nov. 3, 2021
You could sense the relief at Broad and Wall Street, as the Fed did exactly what was expected. You know it's an interesting comment on this Lawyer trained Chairman of the Fed, Jerome Powell. He seems from all outward appear…
Nov. 3, 2021
Well, the main event happens in less than an hour now. As the Federal Reserve's Open Market Committee will first announce their latest decision on interest rates, Presumed to be held steady at 25 basis points. Followed half…
Nov. 3, 2021
Every working day, on average, the traders at the New York Branch of the Federal Reserve, come to the market with $6 billion in cash to buy US Treasury Notes, Bonds and Mortgage-backed securities. And they've been doing it …
Nov. 3, 2021
There's a nasty little game being played on Wall Street these days. It's totally illegal and totally ignored by Market Regulators. It's called Naked Short Selling.
Nov. 2, 2021
Perhaps the most important move today was in the US Treasuries Market. With Notes and Bonds across the yield curve rallying. Presumably in anticipation of tomorrow's Press Conference by Fed Chairman Jerome Powell.
Nov. 2, 2021
There's a nasty little game being played on Wall Street these days. It's totally illegal and totally ignored by Market Regulators. It's called Naked Short Selling.
Nov. 2, 2021
One of the saddest chapters in American History was the Company Town. A town where there was only one place to earn a living, one place to buy your supplies, and one place that made the laws. Here in coal country, these tow…
Nov. 2, 2021
Finally, we come to labor, and the area I think will be the real wild card this quarter. As we discussed yesterday, I believe that this quarter will be the beginning of the great Lock Out. A time when many, perhaps most lead…
Nov. 1, 2021
Finally, we come to labor, and the area I think will be the real wild card this quarter. As we discussed yesterday, I believe that this quarter will be the beginning of the great Lock Out. A time when many, perhaps most lead…
Nov. 1, 2021
Finally, we come to labor, and the area I think will be the real wild card this quarter. As we discussed yesterday, I believe that this quarter will be the beginning of the great Lock Out. A time when many, perhaps most lea…