The Covid Bull market in stocks is sledding through the Holiday season as if every day were Christmas. Airbnb more than doubled on its opening day as a public company this month. Luminar, Snowflake, Lemonade and many more also doubled within hours of their initial public offering (IPO) price in…
THE topic of 2020 and beyond is the response to the Covid 19 pandemic. The Government lockdowns devastated the economy and stocks. Fiscal and monetary stimulus boosted the economy and stocks faster than anyone expected. Global Governments created a micro Depression in March by shutting down the economy and then…
The Inflationary 1970’s was one of the more profound periods in our modern economic history. Leaving the Gold standard in 1971 to prevent a run on our gold supply triggered double digit inflation and tainted the textbook understanding of debt and money supply upon inflation. The surging consumer prices in…
Sensationalism Sells and our schadenfreude media must be clamoring for their Starbucks fix to keep up with the proliferating once in a lifetime scary Corona stories. Portraying life as a dystopian disaster film manipulates society’s collective anger with the macabre tracking of daily Covid death counts, bankruptcies and comparisons among states…
With estimated April unemployment already within marching distance of the dire Great Depression levels of the 1930’s, the stock market seems obtuse to have recouped most of its losses for 2020. As a leading indicator, stocks appear to foresee a partial V shaped economic recovery over the next year. March…
© 2021 Exec Spec. All Rights Reserved.
