The Celeri Journal

Our daily newsletter offers views on the global economy through the context of a small business owner, or student, looking to make sense of an ever-changing macro environment. The newsletter is not intended as financial or legal advice.

Fill out this form to have your company featured in The Celeri Journal.

 
 
 

The Celeri Journal #85: Lights Out

The Celeri Journal #85: Lights Out

Global Markets Recap Suddenly, equities are taking a breather as POTUS announced a press conference on China tomorrow. You wonder what he'll want to discuss & how investors will interpret his remarks. Recall, while this year has been singularly about COVID-19,...

The Celeri Journal #84: Volatility Eases

The Celeri Journal #84: Volatility Eases

Global Markets Recap Stocks continue to rip higher as symbolic signs of optimism abound - at least on the sports field. Hockey is back or will be soon. They're playing football & basketball in Florida, Texas & New Jersey; mostly everywhere. If wearing masks,...

The Celeri Journal #83: The Great Reopen

The Celeri Journal #83: The Great Reopen

Global Markets Recap Out of nowhere, small businesses are "back". My dentist Dr. Richard DiVerde - the funniest & greatest dentist there is - opens June 1st on Michigan Avenue. Financial services firms in New York City are being told they're virtually "essential"...

The Celeri Journal #82: Summer Doldrums

The Celeri Journal #82: Summer Doldrums

Global Markets Recap As summer unofficially begins, this journey we are on lingers with no official timetable insight. When will local gyms & restaurants reopen: who knows? Are kids going back to school in the fall - are 3-day on-& off school weeks the next...

The Celeri Journal #81: Wage Re-Pricing

The Celeri Journal #81: Wage Re-Pricing

Global Markets Recap All hail Mark Zuckerberg - who, shockingly, doesn't have a LinkedIn profile so I can't tag him. Oh well. "Zuck", as everyone calls him, put forth the most brilliant plan to pay employees who work from home effective January 1, 2021, by their zip...

The Celeri Journal #80: Negative Infinity Rates

The Celeri Journal #80: Negative Infinity Rates

Global Markets Recap You probably thought I was kidding when I began using the term #negativeinfinityrates. But here we are 12 years after Lehman, central banks have emptied the cupboard. This is causing consternation at the Big Banks on Wall Street these days. As...

The Celeri Journal #79: Lights On

The Celeri Journal #79: Lights On

Global Markets Recap The Willis (née Sears) Tower lost power yesterday & the photo serves as an unrelenting metaphor for what, so far, has been one heck of a year. Five months in, most of us would likely take a Mulligan if we could, but we can't, so we play on....

The Celeri Journal #78: Live Oak Bank

The Celeri Journal #78: Live Oak Bank

Global Markets Recap Had an excellent call with one of our colleagues at Live Oak Bank. Founded in 2007, Live Oak began as a lender to veterinarians only. That earned them the moniker "Doggy Bank". Look at them now: the Wilmington, North Carolina-concern last year was...

The Celeri Journal #77: Thank you, Mr. Jay Powell

The Celeri Journal #77: Thank you, Mr. Jay Powell

Global Markets Recap A fabulous start to the week as "risk-on" is the prevailing sentiment. Last week, every hedge fund manager named Stan (Druckenmiller), Jeff (Gundlach) & David (Tepper), stepped to the mic to declare equities supremely overvalued. And then Fed...

The Celeri Journal #76: Saving Main Street

The Celeri Journal #76: Saving Main Street

Global Markets Recap Congress is waking up to the notion the much-heralded Payroll Protection Program is failing in many vital areas. Namely, the virus has stuck around longer than anyone thought possible. The Wall Street Journal: "When we conceived the program, we...

The Celeri Journal #75: PPP Still Open!

The Celeri Journal #75: PPP Still Open!

Global Markets Recap I love Mark Cuban. Have I mentioned that? While Washington fights & dawdles, he leads. Bill Gates, too. There are others. Mr. Cuban: "If you are a business owner that has tried to get funded via PPP and was told there is no more funding...

The Celeri Journal #74: End of an Era

The Celeri Journal #74: End of an Era

Global Markets Recap History is happening before our eyes. In no uncertain terms, Fed chair Jay Powell declared the world's largest central bank at the end of the road - no negative rates "for now" And the torch is officially being passed after decades from monetary...

The Celeri Journal #73: $3 Trillion More

The Celeri Journal #73: $3 Trillion More

Global Markets Recap Speaker Pelosi is drafting legislation for a cool $3 trillion more in fiscal spending. Sure, why not. My math is the Fed's spent $6 trillion to bail out stock investors & keep banks afloat. But the banks aren't lending & big companies are...

The Celeri Journal #72: What’s Next?

The Celeri Journal #72: What’s Next?

Global Markets Recap What's the next trick out of Washington's playbook? As the PPP idea winds down & the reality sets in that, in fact, there may have been more than enough money allocated already - according to the WSJ, there's still over $110 billion...

The Celeri Journal #71: Don’t Mess with Texas

The Celeri Journal #71: Don’t Mess with Texas

Global Markets Recap New hero Elon Musk is back in the news today after threatening to bolt California over the extended quarantine/lock-down that has closed his car company, Tesla. He Tweeted: "Frankly, this is the final straw. Tesla will now move its HQ and future...

Subscribe To The Celeri Journal

Subscribe To The Celeri Journal

Our daily newsletter offers views on the global economy through the context of a small business owner, or student, looking to make sense of an ever-changing macro environment.

You have Successfully Subscribed!