Unemployment Claims
Unemployment 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...
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Brett Spurr
- Mar 31, 2020
- 1 min
Oil for a Beer
Oil 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...
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Brett Spurr
- Mar 25, 2020
- 1 min
I wonder how we'll pay for it
Someday, 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....
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Brett Spurr
- Mar 23, 2020
- 1 min
Buybacks
I'm puzzled by the handwringing over stock buybacks. Buybacks are just a means of returning profits to shareholders. They are slightly...
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Brett Spurr
- Mar 23, 2020
- 1 min
Ironic
Most people now working from home are getting up later on account of no longer having to commute. I'm getting up an hour earlier!
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Brett Spurr
- Mar 22, 2020
- 2 min
Supply Chains, Part 2- The Bucket
Here'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...
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Brett Spurr
- Mar 21, 2020
- 1 min
Supply Chains
I 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...
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Brett Spurr
- Mar 20, 2020
- 1 min
Morons
Sorry for being blunt, but the number of people appearing on CNBC saying "we MAY" be going into recession* are just morons. There's no...
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Brett Spurr
- Mar 20, 2020
- 1 min
This Too Shall Pass
It feels like a Twilight Zone episode doesn't it? California completely shutdown last night. It's probably going to happen everywhere...
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Brett Spurr
- Mar 19, 2020
- 1 min
Negative Rate
Well, this is historic. The 90day (13week) Treasury Bill traded into negative territory into yesterday's close. At this moment, it is...
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Brett Spurr
- Mar 19, 2020
- 1 min
Quadruple Witching
Quadruple witching day is when stock index futures, stock index options, individual stock futures and options expire. This is usually a...
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Brett Spurr
- Mar 18, 2020
- 3 min
What Ifs
Another fun day, wasn’t it? Stocks are down about 30% from all time peak reached just one month ago tomorrow. Frankly, by bear market...
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Brett Spurr
- Mar 17, 2020
- 3 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...
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Brett Spurr
- Mar 13, 2020
- 5 min
Worst Day for Stocks Since 1987 Crash
Congratulations, you survived the worst day in stock market history since the 1987 crash. To find a worse day, we have to go back the...
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Brett Spurr
- Mar 10, 2020
- 5 min
Market Observations
When 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...
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Brett Spurr
- Mar 1, 2020
- 3 min
Taking Stock of the Situation
Stocks have fallen about 14% from their all-time highs reached just six business days ago. That is a remarkably fast and hard fall not...
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Brett Spurr
- Feb 26, 2020
- 3 min
Dow 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...
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