Found: The Driving Force Behind The Economy – ValueWalk Premium
Driving Force Behind The Economy

Found: The Driving Force Behind The Economy

Fake news!

And this is how a meme is created. Complete shulbit will do it for you. Even the Weather Channel is faking it to get eyeballs.

 

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Q2 hedge fund letters, conference, scoops etc

And as if getting caught shulbitting folks would have caused one to stop and say, “Whoah there big boy, maybe we should just report, you know, what’s actually happening.” Nooo!

Doubling down:

And people wonder why the mainstream media is no longer trusted?

It’s a One Way Street

President Donald Trump’s national security adviser, John Bolton, says the ICC court is “illegitimate”.

For all intents and purposes, the ICC is already dead to us.

This is significant and to be expected.

We can expect the global cohesion that we enjoyed in the last crisis of 2008 to continue to be less cohesive going forward.

Criminal Probe

I’ve never tried one but I hear they’re worse then civil.

Which makes this a pretty big deal.

As reported by Bloomberg:

Tesla is Facing U.S. Criminal Probe Over Elon Musk Statements.

Federal prosecutors opened a fraud investigation after Musk tweeted last month that he was contemplating taking Tesla private and had “funding secured” for the deal, said the people, who were granted anonymity to discuss a confidential criminal probe.

And this response from Tesla:

We have not received a subpoena, a request for testimony, or any other formal process. We respect the DOJ’s desire to get information about this and believe that the matter should be quickly resolved as they review the information they have received.

And once this can of worms is opened, who knows what gets found in the entrails of Tesla’s accounting department.

Now that Musk’s tweeting has attracted the Justice Department’s attention, investigators there could extend their review to other public statements made by the CEO about the company’s health, according to one of the people familiar with the matter. Authorities could also look into the circumstances surrounding the resignation of Tesla’s Chief Accounting Officer, Dave Morton, after less than a month on the job, the person said.

Luckily for Elon, gullible, dumb investors in their naïveté don’t mind too much. They’re betting on iron man after all. Hero worship of the most extraordinary kind. The stock rallied $10 on the news.

Driving Force Behind The Economy

On the other hand, the bonds are getting spanked like a transvestite in a leopard skin thong — down at a smidgen over 85. Oh and by the way, that’s junk status if you’re not familiar with such things.

And really, if I’m to be honest with you, I think that seals it. Why?

Well, Tesla can’t do a capital raise while they’re under criminal investigations and they sure as hell need to raise capital.

The other thing is they’re outta time and bureaucracies aren’t really known for their speed so we can reasonably except this investigation to take a good amount of time; time Tesla simply doesn’t have.

For the time being though, the show must go on.

And speaking of a show….

Wowza

I’ve grabbed a half dozen weed stocks at random for your gentle eyes. Take a look.

Driving Force Behind The Economy

The funniest of the lot is, of course, Tilray (TLRY), which actually hit $300 a share a few days ago. That makes it worth more than some countries, and while I don’t profess to know much about the stock, looking only at the basics I can tell you this: It isn’t. Worth. $15billion.

Shorting is tough, and I’ll be the first to admit I rarely short.

consider joining our family.

What I do know is this. Getting long cannabis stocks here and now impresses me as batshit crazy. These things are like the cryptos of 2017. Full of frauds, hype, hope, and happy investors. Not where you’re likely to find asymmetry on the long side.

Talking of crazy…

How to Return to the Dark Ages

The PC crowd over in Sweden are hard at work ensuring “disadvantaged minority groups” aren’t taken advantage of and attempting to mask the existence of facts. Let’s not only pretend that things aren’t what they evidently are but let’s force everyone else to agree with our asinine opinions.

A Swedish university is investigating a professor for “anti-feminism” and “transphobia” after he said there are biological differences between men and women.

Hesslow cited empirical research which supports the idea that there are differences between men and women which are “biologically founded” and therefore genders cannot be regarded as “social constructs alone”.

The university rector had ordered a “full investigation” into the case and said that there “have been discussions about trying to stop the lecture or get rid of me, or have someone else give the lecture or not give the lecture at all.”

There is a reason that the period of enlightenment in the 18th century brought about the birth of what we today know as and recognise as Western civilization. It was a period of truth seeking, freedom of thought, expression, and action.

If we’re to be honest, the reason these idiots have modern plumbing and a shop that makes their soy lattes is rooted in this. And now, day by day, they’re actively tearing it down. This is NOT good.

The Driving Force of Economic Growth and Development

Driving Force Behind The Economy

Queue the hate mail.

– Chris

Article by Capitalist Exploits


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