Mr. Musk’s Wild Ride-At Your Expense (9 figures in 1 quarter)

May 22, 2013, 1:59 PM

My main beef with Tesla Motors (NASDAQ:TSLA) is that it is a major beneficiary of... 

And Then There is Bernanke

May 22, 2013, 9:26 AM

Lots of Fed chatter in the last week.  For openers, some background from Reuters: It... 

Making Investment Grade Is Only the Beginning for Turkey

May 21, 2013, 3:04 PM

It’s been a few months since I was in Istanbul and wrote about Turkey’s exciting cultural and economic transformation, and the country is still making headlines. The Emerging Europe Fund’s (EUROX) portfolio manager,... 

Is Nuclear Winter Coming to the Senate this Summer?

May 20, 2013, 10:14 AM

It seems the Senate could have a really hot summer.  Majority leader Harry Reid (D-NV) has reportedly threatened to “go nuclear” this July—meaning that Senate Democrats would move by majority vote to ban filibusters... 

America’s Future Early Education System

May 20, 2013, 9:48 AM

At some point, the United States is likely to have universal publicly-funded early education for children aged one to four. But while we led the way in establishing universal elementary and secondary schooling and in expanding... 

Sovereign Debt Concerns in 2013

May 19, 2013, 6:27 PM

Interest rates on government debt for a number of European countries– notably Greece, Portugal, Ireland, Italy, and Spain– shot up considerably during 2010-2012. Those yields have fallen significantly from their... 

Obamacare Bulge?

May 19, 2013, 8:00 AM 1

The Congressional Budget Office put conservative economic thinkers on their ass this week. In this Report (pdf), the CBO concluded that the US budget deficit is about to collapse to insignificance. The improvement in the... 

A Congressman from Illinois Wants the IRS to Do Your Taxes for You

May 17, 2013, 9:17 PM

Former acting commissioner of the Internal Revenue Service Steven Miller was rolling along pretty good on Friday, bravely facing down his inquisitors from the House Ways and Means Committee. And then he had to go and admit... 

Tesla (TSLA) Stock Looks Like Something Out of 1999

May 17, 2013, 9:27 AM 4

This is a post I started to write last week, got sidetracked and now it seems a bit timely once more. I’m talking about Tesla Motors (NASDAQ:TSLA), the electric car manufacturer, and frankly I don’t see what the hype... 

The ‘Smart Money’ Ain’t So Smart Anymore

May 16, 2013, 6:49 PM

Not long ago it seemed that the “smart money” was invested in hedge funds which generated outsized returns for investors. When broad markets fell by 40% in the crash of 2008 and 2009, hedgies like John Paulson, who bet... 

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