In fact, it’s not “inexplicable” at all.
If history is the guide, you’re on your own.
But don’t blame the oil bust.
CEOs of Bankrupt Oil Companies Get Huge Pay Packages.
I hope the model is wrong.
Is there hope?
“We think the industry is plateauing at some levels.”
Wall Street claims surge in stocks is based on rising corporate earnings. Ha!
Stock Market “Exuberance” Drives Merger Valuations to Record High: Dealogic
Last time automakers tried this was in 2009!