April 22, 2020 | Daily JAM, Special Reports |
Just about everybody agrees that the world after the coronavirus pandemic and recession will look very different. And from what I've read every stock market guru worth his or her smart phone agrees that buy the stocks of companies that are "attuned" to that different...
April 22, 2020 | Daily JAM, Short Term, Volatility, You Might Have Missed |
The projections from economists are that the total initial claims for unemployment will fall to 4.5 million for the week ended on April 18. That would still be a horrendous number. The total weekly figure at the beginning of this spike was 280,000. Last week, 5.25...
April 21, 2020 | Morning Briefing |
The Senate could vote as early as 4 p.m. today to approve $470 billion coronavirus rescue bill that includes $310 billion to replenish the small business forgivable loan program. The House would take up the deal on Thursday but need unanimous consent to move the bill...
April 19, 2020 | Daily JAM |
New York appeared to be “on the other side” of the coronavirus outbreak, New York Governor Andrew Cuomo said at Sunday's press briefing. “If this trend holds, we are past the high point,” Cuomo told reporters at a briefing on Long Island. “Whether or not the descent...
April 18, 2020 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. On Friday,...
April 16, 2020 | Daily JAM, Stock Alerts, TSM |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
April 16, 2020 | Daily JAM, Morning Briefing |
5.245 million more people filed initial claims for unemployment in the week ended April 11, the Labor Department reported this morning. That was down from the prior week's 6.615 million (revised upwards from an initial report of 6.606 million.) But it still brings...
April 15, 2020 | Daily JAM |
Retail sales fell 8.7% in March, the worst drop ever, the Commerce Department reported today. Economists had expected a drop of 8%. Revisions to February's report showed a 0.4% drop for that month.. U.S. stocks sank at the open Wednesday, dragged down by dismal...
April 14, 2020 | Daily JAM, Short Term |
The Washington Post has published an early draft from FEMA (Federal Emergency Management Agency) and the CDC (Centers for Disease Control and Prevention) of a Federal government plan to re-open the U.S. economy. It's not the final draft, and the version the Post saw...
April 14, 2020 | Daily JAM, Morning Briefing |
In the short run rationality is not an especially adaptive trait for an investor. Remember that. Take today's market for example. JPMorgan Chase (JPM) and Wells Fargo (WFC) delivered very sobering news on how the coronavirus and the coronavirus shutdown of big hunks...
April 14, 2020 | Daily JAM |
India has just extended its coronavirus lockdown through May 3. The lockdown prohibits citizens from leaving their homes for any reason but to buy food or medicine or in an emergency. It has left the country's huge population of migrant workers trapped without their...
April 13, 2020 | Daily JAM, Dip-O-Meter |
President Donald Trump has made it clear that his preference is to re-open the economy by May 1. Administration officials including economic advisors Larry Kudlow and Peter Navarro, and Attorney General William Barr have taken to repeating the mantra "The cure can't...
