Monthly Archives: June, 2020
Trading App Throws Jet Fuel on the Speculative Fire
The trading app, Robinhood, which has become a sensation among young (and some old) retail investors, is "throwing jet fuel on the speculative fires...
California Pensions are Dreamin’
You really can’t make this up.
Rather than admitting that they've spent years making the wrong assumptions, and underfunding the pensions of California public workers,...
Is World’s Biggest Stock Set for a Bust?
For all practical purposes, Apple is the world’s biggest stock. (Saudi Aramco is technically larger, but the float is small).
Since year-end 2015, Apple’s sales...
Why Would China Have a Problem with This?
How are you doing? Surviving? In my conversations with you, you’re telling me you’re ok, or you email that you’re ready to get your...
The Seeds of the Next Big Bust are Being Sowed
What are the consequences of repeated bailouts from the Fed and other policymakers? More risk-taking, more leverage, a less stable financial system, and the...