How the Oil Price Could Fall Below Zero
To get an idea of how through-the-looking-glass this environment is — and just how far gone “normal” is — think about the following data point:…
Read nowJohn Banks
To get an idea of how through-the-looking-glass this environment is — and just how far gone “normal” is — think about the following data point:…
Read nowJohn Banks
Complacent market bulls got mugged by data this week. It wasn’t pretty. But before we address the data, let’s back up a bit.
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It is conventional wisdom by now that the major players in the airline industry, the hotel industry, the gaming industry, and multiple other industries hit…
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On March 5 we said, “America is Entering the Coronavirus J-Curve.” The J-Curve concept is used in economics, geopolitics, and venture capital. The basic…
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On Thursday of last week, the Federal Reserve made another surprise move. It caught markets by surprise, sent gold stocks through the roof, and accelerated…
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We’ll be the first to admit, TradeSmith Daily has not been cheerful lately. Our preferred style is blunt and straightforward. We aren’t big fans…
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In the halls of Congress in Washington, D.C., there is already talk of another mega-sized rescue package. This one could be heavy on infrastructure, or…
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A global pandemic is about as serious as it gets, and this is going to be a long fight. Even if an “apex” comes in…
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The hockey legend Wayne Gretzky summed up his approach in one sentence: “Skate to where the puck is going, not to where it has been.”…
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We’ve been trying to find ways to explain, in simple terms, why the market has not bottomed and the economy won’t bounce back quickly. We…
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