Trump appealed to the Right through digital media and won. Biden could use the same strategy but direct it to the Left and win.
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.
I think the coronavirus statistics justify the Alibaba Holdings Inc. (NYSE: BABA) bulls. However, the same statistics cast doubt on the bull case for American stocks.
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.
Toward this end, Elitium provides a tangible solution in the form of rewards and earnings via social-sharing initiatives, promotions, staking, and more. Read on to learn more about this niche innovation.
I suspect Celo is a plan to create a global central bank based on Eisenstein’s ideas. However, we need to take Celo seriously because it has some big-time support
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.
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.