former Tesla employee-turned-whistleblower Karl Hansen makes shocking allegations about what transpired at Tesla’s Nevada Gigafactory in the spring and summer of 2018.
The crowded trades – growth vs. value, large vs. small, US vs. EAFE, market cap vs. equal-weight, USD vs. EM FX, Treasury bonds – stay crowded because there is no alternative in a world of shrinking returns on capital
Buffett is transitioning out of US money-center banks and into Japanese traders at a time when the BOJ dominates most capital markets and just as Abe announced his resignation, putting the future of the entire Abenomics platform in question.
Not only have the billionaire class made money, they have tightened their monopolistic grip on the levers of money supply and distribution, turning a global rigged casino into a global company town...
Buffett's move into gold has opened the door for fund managers to follow suit. Except, instead of playing in a hundred trillion dollar equity market, they are dealing with barely over $1 trillion in investable gold. Look out above.
After the tax hike, New Jersey's gas tax will be the fourth highest behind California, Pennsylvania and Illinois. The state currently has the 10th highest fuel tax in the U.S.