Dear Elon Musk: Regarding “Production Hell”, 260 Cars in 3rd Quarter Isn’t a Bottleneck. It’s incompetence somewhere. Where?
Tesla managed to produce a grand total of 260 model 3 sedans in the third quarter. It produced zero big …
Author Archives: Mish
Oil Back Below $50: End of Inflationary Jump?
Crude oil is back below $50 and production is up. Hedge funds are reducing positions. Is this the end of an …
Elon Musk Says He Can Power Puerto With Batteries
Tesla founder Elon Musk claims to be able to fix what ails Puerto Rico, with his battery technology. He says …
Third-Quarter GDP Forecasts: GDPNow 2.5%, Nowcast 1.5%
The volatility of GDPNow vs Nowcast is once again on display in recent weeks. Whereas Nowcast barely moves week to …
Jobs Down 33K, Employment Up 906K, Full-Time Employment Down 65,000
Initial Reaction Today’s establishment survey shows jobs declined by 33,000. The way the BLS accumulates household survey stats leads to …
Futility at its Finest: Spanish Court Blocks Catalan Parliament from Declaring Independence; Civil War?
What’s the point in telling someone they cannot do something, you know full well they will? Prime minister Mariano Rajoy …
20% of Illinois Lawmakers to Quit: They Risk Some Pension Benefits if They Get Booted Instead of Retiring
20% of the Illinois House announced will not run for reelection, many of them are cowardly, corrupt Republicans who voted for …
Tariffs on Washing Machines Coming Up: Let’s Tax the Sun and the Rain Too
Whirpool bitched to the Trump administration and the International Trade Commission about unfair pricing on Samsung and LG-brand washing machines. The …
Sacred Cows: Can Trump or Anyone in Congress Take Them On?
The Obamacare repeal plan of the Republicans withered on the vine. Will tax reform suffer the same fate? The answer depends …
World’s Biggest Ever Junk Bond Bubble in Pictures: What Hath Draghi Wrought?
In regards to ECB QE bond purchases, inquiring minds may be asking: What hath ECB president Mario Draghi wrought? I …