Tesla’s Stock Makes it the Second Most Valuable Automaker in the World. But How About its Size?
Shares plunged 20% on the spot, and are down 44% in nine months.
Its debt surged to fund the share buybacks. And truckers ate its lunch. But don’t tell any of this to the “market.”
Texas at the epicenter. We’re witnessing the destruction of money that loosey-goosey monetary policies encouraged.
Brick & Mortar melts down on mall owners. So “repurpose” malls into housing?
Having become a master of financial engineering instead of aircraft engineering. UPDATED with the announcement on Jan 21 that “ungrounding” of the 737 MAX will be further delayed.
“Give Me a Growing Environment, It’s Easier to Run the Railroad”: CSX CEO
Not even the “bankruptcy” word hanging over super-troubled Italian infrastructure giants Atlantia and Autostrade, whose bridge collapsed last year, can get their bonds to reflect any kind of serious risk.
“Challenging environment with weakened consumer demand”: This nosedive in a vast industry, affecting consumers and manufacturing, is happening even as GDP officially booms at 6%?
This solid recession indicator is starting to concern me again.