Tag: bankruptcies

TINA, ZIRP, The Future & The Retail Investor

TINA, ZIRP, The Future & The Retail Investor

Investors have lost their minds when it comes to high-flying stocks such as Tesla (TSLA, up 830% over 13 months), Shopify (SHOP, up 210% over 4 months), DataDog (DDOG, up 220% since the March lows), and many other names where valuations are based on anything but the fundamentals. Why? There Is No Alternative (TINA): The … Continue reading TINA, ZIRP, The Future & The Retail Investor

U.S. Economy Improves from COVID Lows Boosted by Bars & Restaurants

U.S. Economy Improves from COVID Lows Boosted by Bars & Restaurants

Total non-farm payroll employment increased by +2.5 million in May led by a recovery in Leisure and Hospitality. The biggest driver was bars and restaurants ("Food Services and Drinking Establishments"), which added +1.4 million jobs and accounted for 56% of total non-farm payroll additions. Non-farm employment in May improved sequentially and was 13% below February … Continue reading U.S. Economy Improves from COVID Lows Boosted by Bars & Restaurants