Hilary Kramer
Big Banks Are Straining, But Will Shareholders Survive?
The status of the big banks led me to think about the famous opening phrase of the Charles Dickens novel, A Tale of Two Cities, “It was the best of times, it was the worst of times,” as we face the risks of a pandemic economy. This week, Wall Street focused on big banks, which […]
Canopy Looks Good to its Parent
Canopy Growth Corp. (NYSE:CGC) had a great week for once, gaining 5% as investors ponder the odds that the cannabis giant will get a few good words from corporate parent Constellation Brands Inc. (NYSE:STZ) next week. Constellation has struggled over the years to justify its $4 billion investment in Canopy. Ambitious talk about cannabis-enhanced beer […]
COVID-19 Crash or Market Smash? Sentiment Favors the Giants
There is a lot of debate on Wall Street right now about whether this is truly the worst of times or whether the transition to post-pandemic greatness is already underway. The bears argue, quite rightly, that it’s hard for stocks to credibly break a lot of records when the economy is still trying to shake […]
![[Marriner S. Eccles Federal Reserve Board Building]](https://www.stockinvestor.com/wp-content/uploads/3363067053_e723e5dfa7_b.jpg)
Blame the Fed For Wall Street’s Stumble
Remember 48 hours ago, when everything looked great in the market and self-proclaimed “experts” were telling you that we were on a non-stop ride back to record-breaking rally territory? Now those same commentators are reeling and a little stunned after one of the steepest one-day declines in Wall Street’s history. They’re desperate for someone to […]
Hexo Looks Forward
Big Cannabis has had such a rough year that there just isn’t a lot of downside left in these stocks. That’s in the background of the industry’s remarkable staying power this week. But then again, good news from Hexo Corp. (NYSE:HEXO) didn’t hurt, with sales last quarter jumping 30% and management offering guidance that the […]
Shortest Recession on Record Gets the Bulls Running
recent: That was fast. Today we learned that U.S. employers found a will and a way in May to rehire 2.5 million people laid off during the COVID-19 pandemic. It’s no hyperbole to say that this is an incredibly good sign. The numbers are moving in the right direction even as the clock starts ticking […]