Calls for reparations to be paid to black residents of the U.S. have been going on for a while. Their voices have become a lot louder now, even though the substance remains incredible. There is no question that black people in America have gotten a very raw deal for a very long time, starting from […]
With so many states so behind on their budgets due to the economic slowdown, the lure of increased tax revenue from legalizing Marijuana is starting to look even more tempting. Some investors are starting to get excited about the prospects of the expansion of the Marijuana market in the United States next year, and given […]
With the growth of the stock market in general thought to be dimming, and bond yields being so low, preferred stock is starting to look more attractive to many investors. One of the first things you learn when you study stocks is that there are two main types, common stock and preferred stock. Preferred stock […]
We are getting a real lesson in how economic downturns disproportionately effect those less well-off economically. We need to be very careful not to make this worse on purpose. It should not surprise us to learn that the current economic downturn caused by locking down our economy to attempt the slow the spread of COVID-19 […]
Once a dominant player in the oil and gas business, Chesapeake Energy is now barely breathing, with their stock now down 99.9% since 2008 and their market cap down to $129 million. This is not Chesapeake Energy’s first rodeo, as they have taken some very big falls before, almost losing their life, but this time […]
CalPERS, like other public pension funds, have fallen well short of their funding requirements. This has caused them to open up a little, in a way that is at least a start. The California Public Employees’ Retirement System, known as CalPERS/Calpers, is the largest public pension fund in the United States, with $400 billion in […]
The U.S. dollar has been the world’s dominant currency for a very long time, but Yale economist Stephen Roach sees this coming to an and with the U.S. dollar set to collapse. Among the victims of the economic lockdown that most of the country had put into place in response to the COVID-19 pandemic is […]
With the huge decline in air travel lately, airlines have been dealt a big blow and have had to come up with ways to survive. Is American Airlines too sick to put money on now? Among the major air carriers in the U.S., American Airlines has held the most debt, but they had a good […]
Truck maker Nikola’s IPO that launched on June 3 has been red hot, doubling in price already. The amount of short interest in it is causing concern for some people though. When people invest in an IPO, they often do with high expectations, perhaps remembering some famous ones that ended up being moon shots, the […]
We may not want to always trade like institutional investors do, but sometimes it pays to think the way they do, and even follow them as they look to buy the dips we’ve seen lately. Whenever we see markets sell off, like we did in February and March, the first thing we need to do […]