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.
Daily post from Credit Writedowns with stories on inequality, China Turkey and Tesla
Today's daily newsletter has stories on US trade with Canada, Mexico and China, on predictions about the cycle ending, the Tesla saga, an interview with Hugh Hendry and much more
Tesla's convertible bonds due in February make an SEC investigation a serious matter.
Daily newsletter from Credit Writedowns with stories on Turkey, Russia, weather, commodities, Amazon, and Tesla
My thinking on Tesla CEO Elon Musk's desire to take his companies private.
The big topics in today's newsletter are immigration in Europe, US jobs numbers, Tesla's expansion plans, monetization of WhatsApp, and US consumer confidence