"A decision to tighten monetary policy based solely on a model without any other evidence of excessive cost-push pressure that puts the price-stability mandate at risk is difficult to justify"
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...
