by Ted Bauman | Oct 23, 2020 | 2020 Financial Crisis, Bauman Daily, Investing, Stocks, U.S. Economy
On Monday, I argued that the stock market is bullish on the likelihood of a tax-and-spend government in January. Many commenters reacted negatively — but against a point I wasn’t making! In today’s video, I show you why, regardless of one’s opinions about taxes,...
by Ted Bauman | Oct 20, 2020 | 2020 Financial Crisis, Bauman Daily, Government & Politics, Investing, Stocks, U.S. Economy
For much of this year, a group of commenters on my popular YouTube channel has been advising me not to “fight the Fed.” To them, it doesn’t matter if stock prices are going up mainly because of the Federal Reserve’s response to the pandemic. The last decade proves...
by Ted Bauman | Oct 16, 2020 | 2020 Financial Crisis, Bauman Daily, Investing, Stocks, U.S. Economy
If you weren’t already keenly aware of the fact, 2020 made it crystal clear that the stock market and the economy are very different animals. Almost every week, there’s been a new pairing of grim economic news with a jolt of positive sentiment on Wall Street. But the...
by Ted Bauman | Oct 13, 2020 | 2020 Financial Crisis, Bauman Daily, Government & Politics, Investing, Stocks, U.S. Economy
“Under democracy one party always devotes its chief energies to trying to prove that the other party is unfit to rule — and both commonly succeed, and are right.” — H.L. Mencken When it comes to party politics, I’ve long agreed with the Sage of Baltimore: a pox on...
by Angela Jirau | Oct 12, 2020 | 2020 Financial Crisis, Bauman Daily, Investing, Stocks, U.S. Economy
Public policy has been the main driver of markets this year, and that’s going to continue to next year. But the Federal Reserve can do no more to rescue growth stocks and “zombie companies” sacked with mountains of debt. From here on out, raw market reality takes...
by Ted Bauman | Oct 9, 2020 | 2020 Financial Crisis, Bauman Daily, Diversified Investments, Investing, Stocks
Stock gains this week have helped U.S. benchmarks recover from September’s big losses. Part of that is renewed hope for fiscal stimulus, but I don’t see that happening. The fact is, Wall Street’s now more confident we won’t see a contested election. So big firms like...
