It looks like the bad news could only be getting started for Tesla. The EV maker, which tumbled nearly 10% to end the week after reporting disappointing earnings and margins that failed to impress the street, is now also starting to lose its stronghold in the state of California, Reuters reported Sa...

March data painted a mixed picture of China’s recovery raising doubts about just how much China coming out of its COVID lock-down will spur global growth. The good - most-surprising was that exports recorded year-on-year growth - an outcome that was unexpected as outbound shipments from competitors ...

APAC stocks were mostly lower, following global peers after Credit Suisse turmoil yesterday. Swiss National Bank (SNB) and FINMA to provide liquidity to Credit Suisse if necessary. US bank giants reportedly reduced direct exposure to Credit Suisse for months. European equity futures are indicative ...

 Indian market started the day flat but lost traction soon and then continued to fall through the day as investors around the globe remained jittery on the back of US bank turmoil. At close, Nifty was down 111 points, or 0.65%, at 17,043.30 and Sensex ended the day at 57,900.19 - a loss of 337.66 po...

US TRADE US stocks closed lower on Thursday after hot US employment data kept the hawkish pressure on the Fed, with eyes now set on the US jobs report. SPX -1.17% at 3,808, NDX -1.59% at 10,741, DJIA -1.02% at 32,930, RUT -1.09% at 1,753 Click here for a detailed summary. NOTABLE HEADLINES Fed's Bul...

Friend of Fringe Finance Mark B. Spiegel of Stanphyl Capital released his most recent investor letter last week, with his updated take on the market’s valuation and Tesla. Mark is a recurring guest on my podcast (and will be coming back on again soon hopefully) and definitely one of Wall Street’s ic...

What do Elizabeth Holmes (Theranos), Mark Zuckerberg (Meta), Jeffrey Epstein (J Epstein & Company), Sam Bankman-Fried (FTX) and investors and market commentators forming queues to blow smoke of admiration or bags of money or debt their way, have in common? ‘Moral disengagement’. Most people suffer f...

Dallas-based hedge fund manager Kyle Bass is predicting big economic issues for China throughout 2023, stemming from an overleveraged financial system, collapsing property market, and unsustainable birth rates. China, a nation accustomed to greater than 7 percent real GDP growth for the past 10 year...

The Bank of Japan shocked markets tonight. After leaving policy rates unchanged, the 'easiest' bank in the world decided to dramatically modify its so-called Yield Curve Control framework and increase the quantity of government bonds it will buy each month (while the rest of the world is doing the o...