Slips

Tesla Slips After Being Forced To Recall 158,000 Vehicles In The U.S.

While we must say that while we were a little confused about the results of the National Highway Traffic Safety Administration’s recent investigation into sudden unintended acceleration incidents with Teslas (the agency cleared Tesla and it was later revealed that the head of the investigation may be a Tesla sympathizer), it is no surprise to…

WTI Slips Below $50 After Big Product Build Offsets Some Saudi-Shocker Gains

Oil prices soared today on the heels of Saudi’s self-sacrificial slashing of 1mm b/d output. They said this action was “pre-emptive” which, to us at least, does not seem like a positive catalyst – just how worried are they? How much did they want to suck up to Russia with a Biden admin coming in?…