Retail investing has experienced a surge since commissions have disappeared. This should only be seen as a good thing, but only if you are not very confused about investing. We should find the criticisms that are being made about the increased participation of retail investors pretty amusing, where critics lay bare all sorts of fundamental […]
Among the things that have emerged during the crisis that we’ve faced this year is a huge surge in retail accounts, with many used for day trading. People do need to be careful. As good of a year that 2019 was for the stock market, we actually saw a decline in the amount of retail […]
In the aftermath of the civil unrest that accompanied the recession of 2008, Ray Dalio has been predicting something much bigger coming with the next one, and he was right. Just about no one saw this coming, the extent of the unrest in the wake of the death of George Floyd at the hand of […]
Things were proceeding so well for stocks in their recovery from getting hammered over coronavirus fears. We got drunk and overdid it, we sobered up, and now we’ve hit the bottle again. For many, it can be very difficult and even maddeningly so to try to figure out what drives the stock market day to […]
Car rental stocks took a particularly big hit from our self-imposed quarantine, like all travel stocks did. They have started to come back, but some remain quite leery. While people rent cars for other reasons, such as when their car is being repaired, the great majority of rentals happen when people fly to a destination […]
Stanley Druckenmiller has scored some big wins in his career, including teaming up with George Soros to “break” the Bank of England. He is owning up to the big mistake he just made. Investor Stanley Druckenmiller hasn’t always been right about the markets, although he has been right enough often enough to have put together […]
The United States has been embroiled in racial inequality for 400 years now. We’ve made at least some progress to be sure, but it’s very clear that more needs to be done. The human race has made incredible progress on the technological side of things, and when we look at these achievements, we would think […]
Chipotle Mexican Grill was one of our top 5 stocks for 2020. Then the lockdown happened and it really got creamed. The cream does rise to the top though. People tend to be afraid of stocks that are performing very well, and especially with those performing extremely well like Chipotle. This stock grew by 289% […]
Social media company Twitter continues to grow its user base considerably. They are a huge household name. The most important ingredient is left out though, the good profit part. Twitter will be soon marking its seventh anniversary of their stock being traded publicly, and while the number seven is thought by many to be a […]
The street was somehow expecting a further loss of 7.5 million jobs in May, to go along with the 23 million we lost in March and April. We instead added 2.5 million this time. May’s jobs report should not really have been the surprise that it turned out to be. We’re not sure where we […]