the boom in Special Purpose Acquisition Corps, Bill Ackman’s new entry into the game
Euro snaps ten year downtrend vs US dollar
The last time the Euro trended higher against the dollar was in 2017, which is also the last time international stocks outperformed the S&P 500. The dollar breakdown I talked about earlier this week continues to attract the attention of traders but the notice of the press. Here’s the EURUSD pair breaking out of a…
What every worker needs to know about stock based compensation
Josh here – Samuel Deane is a financial advisor who specializes in stock-based compensation and all of the variations on equity ownership for employees. Today, many employees of companies are being partially compensated for their work with shares in the companies they work for. But these arrangements can take many different forms, from restricted stock…
My advice show returns to CNBC tomorrow night!
Jim Cramer’s on vacation tomorrow night so I’m doing another advice special at 6pm ET on CNBC.
Oh. My. God.
Updating all my macro models to incorporate a “get long housing during pandemics” trade so that I can impress you next time. Look at this s*** You can borrow at two-and-change percent to buy a house as you flee the city for the suburbs, now that your current or future job probably doesn’t care where…
There goes the dollar
Remember how Make America Great Again was all about a strong, masculine, beefy, red-blooded, double-wide, camo-clothed and fully loaded King Dollar as the signifier that the USA was back? Well, that’s not actually how things are playing out right now. We’ve done a horrendous job with coronavirus in the United States, turning masks and the…
Clips From Today’s Halftime Report
Tech stocks appear to be getting too big and too expensive, says Chevy Chase Trust’s Amy Raskin from CNBC.
Will Tesla be added to the S&P 500?
Subscribe to The Compound and get it first! Josh here – I asked my friend Larry McDonald to come on ahead of Tesla’s Q2 earnings report because this could be the quarter that makes the stock’s S&P 500 inclusion inevitable. Tesla’s current market value is approaching $300 billion, which would make it one of the…
Spending by the unemployed led the recovery
What if I told you that the increase in spending by people on the unemployment rolls this spring actually led the recovery in total spending off the lows?
How the S&P 500 uncoupled from your local economy
It can be counterintuitive but it’s important to remind ourselves of this.
