SoftBank was only a cog in the huge machinery.
Suddenly, a whiff of “Don’t fight the Fed?”
If stocks made a sudden connection to the worst economy in a lifetime, after having been disconnected for months, that would be a disaster, however.
I’m in awe of how a tiny automaker with less than 1% global market share is a Supernatural Phenomenon and the 7th most valuable US stock.
On one side: land rush by a few hundred thousand home buyers. On the other: millions of homeowners with delinquent mortgages. Here are the metros by FHA delinquency rate. Two exceed 27%.
Easy money is a curse for capitalism (transcript of my podcast).
Mall meltdown gets messier. But someone’s making money. Here’s how they shorted malls.
“Easy money is a curse for capitalism.”
Over 30 million people lost their jobs while the wealth of America’s 600-plus billionaires ballooned by $434 billion, to $3.4 trillion.
Someone had to buy the Incredibly Spiking US National Debt. Here’s who.