Elon Musk's lack of self control has finally bought Tesla a real problem. Does Tesla survive without Musk? That's a harder question to answer than it seems at first blush. The stock price is intimately intertwined with the aura of Elon Musk. Without him, Tesla is just a money...
Stocks have gone up a lot in this expansion but so have earnings – on an almost one for one basis. But earnings are volatile and we’ve seen this plenty of times before. In this article at Project Syndicate, Robert Shiller compares the current period to the 1920s and other...
The headline says up 4.5% but that was almost entirely due to a surge in aircraft orders. Ex-transportation, orders were up just 0.1% and core capital goods were down after three straight up months. Read the rest at Econoday  
Tim Wu, a Columbia University law professor, has an intriguing opinion article in the Sunday New York Times about the link between big business and fascism. He makes the case that a lack of anti-trust enforcement has contributed to the rise of populism around the world. I don't know...
Tuesday's election result was about as expected as you can get in markets. The accepted wisdom going into the election was that Democrats would take control of the House of Representatives and Republicans would retain control of the Senate. Sure, there were scattered articles by Democratic partisans predicting -...
Why Wait? Jiab Wasserman  |  November 1, 2018 MY MOTHER-IN-LAW Doris passed away last year at age 90. In the last few years of her life, she often mentioned that she felt guilty spending any of her money, let alone splurging. She wanted to leave the money to her children, even when her children...
I am not a fan of bitcoin and the myriad other cryptocurrencies. No, I'm sorry if you bought the hype, but these things have no intrinsic value and they are not currencies. Not now and not in the future, at least not in their current form. Governments are not...
Ever watched an episode of Antiques roadshow on PBS?  So have I (much to the chagrin of my wife)  Has it ever inspired you to look through some junk in your garage or basement? Me too... only problem is my junk is not worth nearly as much as the...