Elon Musk's Chinese Fairy Tale Will Eventually Come To An End
For the better part of the last year, we have speculated in numerous pieces as to how long the cozy relationship between Elon Musk and the Chinese government would last. One thing is for sure: the Chinese ass-kissing tour by Musk has continued in full throttle over the last 12 months, with the Tesla CEO praising…
The IMF’s Net-Zero Fairy Tale
Submitted by Rupert Darwall, senior fellow of the RealClear Foundation and author of THE CLIMATE NOOSE. Submitted by Real Clear Energy, With Britain, France, the European Union, and now America (soon to be under Joe Biden’s leadership) piling onto the net-zero bandwagon, you’d think that some objectivity about the economic costs and consequences about such…
A Tale Of Two Markets: Visualizing The Huge Impact Of The Covid Vaccine Across Assets
The story of the market since the March lows has been one of two parts, the first of massive FAAMG/tech/growth/momentum outperformance, and a second one in which value and cyclicals was burst higher; the only question is where does one put the bifurcation point. According to one strategist, Deutsche Bank’s FX strategist Alan Riskin, that…