Fearless American investors, white-hot classic cars, and breath-taking prices.
Total dominance over the media.
Now the spigot is getting turned off.
Toxic? Hey, these structured securities are triple-A rated by S&P.
The industry is drunk with its own enthusiasm.
“We’re unwrapping the best holiday gift we could’ve imagined,” Google gushed. Automakers beg to differ. You’re not even asked.
This is what happens when a currency spirals out of control.
BMW insiders: Tesla CEO Elon Musk “is using us for PR purposes.” Stung by Daimler’s and Toyota’s exit, he wants to “decorate” himself with the name BMW.
Why the heck did Daimler just now turn its supposedly strategic investment, and one of the hottest stocks, into cash? What does it know that we don’t?
Bank regulators fret about reckless lending and risks to the banks. But when this doozie pops, it will hit sales, production, services, railroads…. It won’t go away quietly.