source / The Money GPS Let’s face it, the market is broken. But to clarify, it was broken a long time ago. What we are seeing today in some ways has escalated beyond what we saw in 2000. Beyond the subprime nonsense. This is simply speculation to the highest degree possible. Even the remnants of […]
source / The Money GPS We went from overvalued, to just plain ol’ dumb. The markets are now buying stocks that were basically dying and on the way out. Is Blockbuster Video still around, might want to pick up a couple shares of that while we’re at it. It’s nonsense. Now certainly there are people […]
source / The Money GPS We can leverage our stock positions, our entire portfolio in fact, to the maximum level. We can borrow money from everyone we know, from our credit cards, cash advance places, and every other means of acquiring more capital, because the Fed has my back, right? I mean, if you truly […]
Robinhood, the investment app for independent investors, banned its users under pressure from hedge funds, proving there is no free-market trading on Wall Street. Tucker Carlson said that Robinhood gathers information from its users and sells it to hedge funds that use it against the small independent investors.
source / The Money GPS We are living in fantasy land right now. Everything has been pushed back. All pain has been delayed. We have taken a painkiller, but the emergency is not gone. It’s only covered up. As Bernanke promised, Fed activities would be temporary and once the economy was strong, these actions would […]
source / The Money GPS If It Looks Like a Bubble and Swims Like a Bubble… – WSJ If It Looks Like a Bubble and Swims Like a Bubble… I have been resisting the comparison between the dot-com bubble and today’s stock market, but the similarities have grown too strong to ignore. Here are five […]
Users of Reddit, many with modest trading accounts, realized that, if they all bought the shares as fast as hedge funds were shorting and dumping them, they could cause the price to go up, and turn the tables on the attack on GameStop and, temporarily, at least, make a profit and cause a "short squeeze."
source / The Money GPS Companies Are Selling Stock at Record Pace to Start the Year – WSJ Companies Are Selling Stock at Record Pace to Start the Year Public companies have been taking advantage of a hot stock market by issuing shares at record pace in January. U.S.-listed companies have conducted 80 follow-on stock […]
source / The Money GPS Frogs in boiling water. That’s how Seth Klarman describes investors today. Conditioned to not feel fear. Just like with The Money GPS, he blames the Fed directly. The trouble here is that the Fed is actually unable to stop a crisis, would never stop a crisis, and in fact creates […]
source / The Money GPS Every so often there are great bubbles that appear. Every single time there’s euphoria behind them. This bubble is the biggest the world has ever seen and has unlimited mania behind it. Anyone suggesting that this isn’t a healthy market is laughed at. Anyone pointing to absolutely any metric is […]
