Brett SpurrApr 2, 20201 minUnemployment ClaimsUnemployment is soaring, that's no secret. But I'd like to share a few charts just to illustrate how unprecedented all this is. Here is a...
Brett SpurrMar 31, 20201 minOil for a BeerOil prices have fallen from over $60 per barrel to $20 as a result of the Saudi-Russian price war and the lack of demand since the world...
Brett SpurrMar 25, 20201 minI wonder how we'll pay for itSomeday, somehow, all this will have to be paid for. It's not to early to suggest that either taxes will rise or spending will be cut....
Brett SpurrMar 23, 20201 minBuybacksI'm puzzled by the handwringing over stock buybacks. Buybacks are just a means of returning profits to shareholders. They are slightly...
Brett SpurrMar 23, 20201 minIronicMost people now working from home are getting up later on account of no longer having to commute. I'm getting up an hour earlier!
Brett SpurrMar 22, 20202 minSupply Chains, Part 2- The BucketHere's a better way to think of the supply chain for food and staples: Imagine a bucket in your sink about half full. There's a hole in...
Brett SpurrMar 21, 20201 minSupply ChainsI know a lot of people are concerned the stores won't restock. They will. Headlines are going to be dramatic right now and people have...
Brett SpurrMar 20, 20201 minMoronsSorry for being blunt, but the number of people appearing on CNBC saying "we MAY" be going into recession* are just morons. There's no...
Brett SpurrMar 20, 20201 minThis Too Shall PassIt feels like a Twilight Zone episode doesn't it? California completely shutdown last night. It's probably going to happen everywhere...
Brett SpurrMar 19, 20201 minNegative RateWell, this is historic. The 90day (13week) Treasury Bill traded into negative territory into yesterday's close. At this moment, it is...
Brett SpurrMar 19, 20201 minQuadruple WitchingQuadruple witching day is when stock index futures, stock index options, individual stock futures and options expire. This is usually a...
Brett SpurrMar 18, 20203 minWhat IfsAnother fun day, wasn’t it? Stocks are down about 30% from all time peak reached just one month ago tomorrow. Frankly, by bear market...
Brett SpurrMar 17, 20203 min"V", "U" or Checkmark?Congratulations, you made it through an even worse day in the stock market than last Thursday. This is some roller coaster. Not even...
Brett SpurrMar 13, 20205 minWorst Day for Stocks Since 1987 CrashCongratulations, you survived the worst day in stock market history since the 1987 crash. To find a worse day, we have to go back the...
Brett SpurrMar 10, 20205 minMarket ObservationsWhen I was a boy growing up in the shadow of the 70s oil embargoes, futurists told us to dream about flying cars. Instead, we’re still...
Brett SpurrMar 1, 20203 minTaking Stock of the SituationStocks have fallen about 14% from their all-time highs reached just six business days ago. That is a remarkably fast and hard fall not...
Brett SpurrFeb 26, 20203 minDow Plunges 1,000 Points on Virus Fears“Dow Plunges 1,000 Points on Virus Fears” say the headlines. Curiously, these headlines completely ignore the fact that the virus has...