Category Archives: Investment outlook

What Should Tesla’s Stock Be Worth? Automaker, Stagnating Vehicle Sales like GM & Ford, Getting Overtaken by Competitors, Losing Share in the Booming EV Market?

Tesla is now just ar mid-size automaker amid EV competition that is eating its lunch. What might realistic valuations mean for Musk’s clout?

“The Next Crash Could Be Much Bigger Than the Last Two”

Rentierism in housing in the UK has reached what looks like nose-bleed, self-correcting, and thus potentially crash-inducing levels.

Wall Street Journal Tries “Recovery Finally Underway” Office Space Patter as Securitized Office Mortgage Delinquencies Hit a New Post-Crisis High of 10.4%

The Journal gets egg on its face for trying to call a bottom in the office space market even as delinquencies were accelerating

Longer-Term Treasury Yields & Mortgage Rates Explode, Yield Curve Un-Inverts Further as Bond Market Gets Spooked

Stock jockeys love Trump and bond vigilantes do not. What do their diverging views say about the prospects for the US economy?

Fall Fashion’s Economic Forecast

A sampling of fall/winter women’s frocks does not make for an upbeat economic forecast.

Days After Rate Cut, S&P’s Flash PMI Sees Rising Inflation and Exhorts the Fed to “Move Cautiously” with “Further Rate Cuts”

S&P: “The “reacceleration of inflation” suggests “the Fed cannot totally shift its focus away from its inflation target.”

The Fed’s Reactive-Looking Half-Point Rate Cut

The Fed’s half point rate reduction was unseemly large. What gives?

Bloodletting in Semiconductor Stocks Kicks Off September: Nvidia -11.7% Regular & Late Trading, Stock Market Cap Drops by Half a Tesla

The Nasdaq Composite dropped 3.3% yesterday. If the tech stock index declines another 6.7%, it’ll be back to November 2021.

The Rate Cuts Powell Dangled in Front of Markets May Slam into Inflationary Fiscal & Economic Policies of Whoever Is in the White House Next Year

Are both parties set to continue stimulative fiscal policy, leaving Powell or a successor to reapply the monetary policy brake?

The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant

A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.

“How Does OpenAI Survive?”

Ed Zitron explains in gory detail why OpenAI looks like the mother of all bezzles.

Despite the Recession-Emergency-Rate-Cut Buffoonery, the Services Sector Expands Strongly on Growth in New Orders & Employment. Inflation Pressures Still On

Services are two-thirds of the economy; as long as they’re firm, the economy will plug along just fine, even as manufacturing stalled

Eyepopping Factory Construction Boom in the US Reaches New Highs Amid Big Corporate & Strategic Rethink

New factory building shows that reshoring plans are translating into action. But how many will produce successful operations?