"As much as I would like to buck the bearish sentiment, I continue to see EM as an underweight, in currencies, bonds and equities." That's how I ended the last post. Yet, at the same time, even as crisis deepens in the emerging markets,…
Emerging market equities are in a bear market as of today. So, right now, everyone seems to be talking about contagion in the emerging markets. As the day began, the US dollar was posting gains against most currencies, emerging market and…
JPMorgan Chase's price target reduction for Tesla is the clearest indication yet of a shift in sentiment that investors should see as a broader risk-off marker.
Russell Napier makes some astute observations about money supply growth and the still potent threat of debt deflation dynamics
My thinking on Tesla CEO Elon Musk's desire to take his companies private.
Tesla is a completely speculative, junk-rated venture. Investors in the company are betting on Elon Musk's celebrity as a forward-thinker, hoping he can ramp up production and achieve significant economies of scale
My own view is that getting the economics makes macro hard is problem number one. But just as big a problem is that macro investing is supposed to be contrarian. And contrarian bets work best when the world is in a panic and volatility is…
We're in the midst of another technology bubble. And Tesla has benefitted greatly. When this bubble pops, where will Tesla be?