Walmart Shareholders Can Thank Panic Buying And Toilet Paper For A Major Surge In Revenues

Walmart Shareholders Can Thank Panic Buying And Toilet Paper For A Major Surge In Revenues

Stockpile… a great name for a heavy metal band. It’s also the reason Walmart Inc. (WMT) absolutely destroyed analysts’ expectations for 2020’s first quarter. The world’s biggest retailer reported, on May 19, that same-stores sales rose 10% year on year....
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“You Know How to Whistle, Don’t You, Steve? You Just Put Your Lips Together and Blow.”

“You Know How to Whistle, Don’t You, Steve? You Just Put Your Lips Together and Blow.”

The economy is in tatters, yet, somehow, the coronavirus has created a mysterious tailwind that is driving the stock markets higher. What was looking like a big-time bubble before the coronavirus pandemic is looking again like a big bubble. Jean-Paul...
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The Cereal Industry Gets Revived With a $13 Box from General Mills

The Cereal Industry Gets Revived With a $13 Box from General Mills

Inflation raises the price of almost everything, and cereal is one of the things that has seen a big price jump in the last decade. According to the U.S. Bureau of Labor Statistics, prices for cereals and cereal products were...
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The Morning After The Moorings Broke

The Morning After The Moorings Broke

Since 1950, there have been 34 trading days after the S&P 500 dropped more than 6% in the prior two sessions. After that, during the following 250 sessions the market was up nearly 17% on average. And, as Nick Maggiulli,...
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MacKenzie Bezos Knows Just What To Do With Her Fortune

MacKenzie Bezos Knows Just What To Do With Her Fortune

MacKenzie Bezos, ex-wife of Amazon CEO Jeff Bezos, reduced her stake in the company by about $400 million, according to a recent SEC filing. The filing shows she still holds 19.5 million shares of the company It’s assumed the Ms....
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Will Coronavirus Infect The Global Economy?

Will Coronavirus Infect The Global Economy?

The world economy looked set to benefit from a U.S.-China trade deal, which rolled back some aspects of trade to the pre-trade-war status quo. Now, the prospects of a fragile stabilization of the global economy could be on the ropes...
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