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October 18, 2019, Vol. 37, No. 20

Adam Smith in airplane mode

Confusion is the time for the classics, and how much more confused could we be?

By any other name

The Fed’s new “bazooka” comes with a Fed-appended nomenclatural asterisk.

Rx for income

Assuming the removal of existential corporate threats – and there can be no guarantees, of course – the bonds of a certain banged-up drug manufacturer offer the potential for double-digit returns.

Cars in stock

Bearish on the optically cheap shares of a pair of American industrial bellwethers.

Just one catch

Value’s big caveat.

Fighting the tape

The Fed shudders at the prospect of lower grocery prices.

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