"...the naïve liberal-globalists of the Clinton era thought that they could bribe China to remain 'loyal' to the US-led global world order that emerged after the Cold War by relying on 'win-win' investments that would enrich the American elite while helping China rapidly modernize. Suffice to say, this presumption proved to be totally false."
"Most people are too lazy to think critically and, thus, propaganda becomes hypnosis. It’s how lies travel the world as the truth ties its shoes. It is why, in America today, citizens are labeled as Deplorables and the children of illegal immigrants are called Dreamers. It’s how guns are guilty..."
Amid reports that Tesla's two top financial executives have suddenly quit, Tesla employees told CNBC that the company is manufacturing a high ratio of flawed parts and vehicles that need rework and repairs.
Despite a very explicit warning by Goldman's co-head of equity trading that the "regime has changed" and that instead of "buying the dip", investors should be "selling-the-rip", so far this morning a global BTFD relief rally has been unleashed from Asia to Europe and the US as traders welcomed a rare respite from soaring volatility.
Following a series of disappointing cuts to Tesla's production rollout, shareholders were bracing for the bad news, which however for the most part was spared in the company's Q4 earnings, which saw a sharp plunge in the company's cash burn.
While President Trump’s decision to slap tariffs on imported solar panels and washing machines has a limited immediate market impact in Asia, it will probably have bigger implications on the region’s trade and economic outlooks, according to various analysts.