Can the Big Banks Survive Coronavirus?

Given that potential reality, all investors need to get ready for a bumpy ride in the market. One way to prepare for that ride is to hold cash rich stocks with high margins of safety such as JPMorgan Chase & Company (NYSE: JPM). I think the banking system will survive, but that survival will be rough.

Continue Reading

Can We Spend Our Way out of a Depression?

Interestingly, there are those on the left who think we can finance massive welfare state expansion with deficit spending.   For example, economist; and hedge fund manager, Warren Mosler believes Medicare for All could pay for itself with savings. To explain, Mosler thinks savings from the elimination of health-insurance bureaucracy could pay for healthcare for all.

Continue Reading

Can eBay cash in on Coronavirus?

EBay could profit from that if desperate retailers flood its platform with cheap merchandise. In particular, department store operators; such as Macy’s (NYSE: M) and Kohl’s (NYSE: KSS), that have hundreds of closed stores and tons of merchandise to unload could turn to eBay for fast cash.

Continue Reading

Is this the End of Macy’s?

Hence, Macy’s could hold “digital liquidation sales” and comply with shelter-in-place orders and social distancing. Thus, Macy’s could still make money with all the merchandise siting in those shuttered stores.

Continue Reading

End of content

No more pages to load

Close Menu