With so many investors short on Tesla, it’s impossible to know whose numbers to trust.

HMM: Internal documents reveal the grueling way Tesla hit its 5,000 Model 3 target. Of the 5,000 Model 3s that contributed to Tesla’s end of June manufacturing target, about 4,300 of them required rework, according to internal documents viewed by Business Insider. Within the auto industry, cars that make it through a manufacturing process without requiring … Read more

Gambling on the online casino sector

The regulated online gambling industry has delivered significant returns for investors in recent months, but can it continue to hit the jackpot amid new challenges The regulated online gambling industry has delivered significant returns to investors in recent years. There have been several factors driving this, including an increase in wagering activity, new markets opening … Read more

Swiss group Movado to buy MVMT Watches for $100m

Who knew a business based on low quality products from aliexpress could be worth so mcuh. Swiss watch manufacturer Movado Group has signed a definitive agreement to acquire MVMT Watches, the owner of global lifestyle brand MVMT, for an initial payment of approximately $100m. Of the total value of the transaction, around $85m net of … Read more

Massive Gap Between Stock Market & Real Estate Prices — The Last Time This Occurred It Was Dot Com Bust

massive gap between stock market & real estate prices — the last time this occured it was Dot Com Bust pic.twitter.com/q9fpLQp6qa — Alastair (@StockBoardAsset) August 22, 2018 $TSLA debt structure is horrendous — Snap! Crackle! Pop! = Bankrupt pic.twitter.com/PRq8JZtQRS — Alastair (@StockBoardAsset) August 22, 2018 Global Slowdown: Commodities and China Momentum Indicator #OOTT pic.twitter.com/fz4JK4XSKc — … Read more

More and more hospitals close; No end in sight

via chicagobusiness: The next year to 18 months should see an increase in shut downs, with the risks coming following years of mergers and acquisitions. (Bloomberg)—Industry M&A may be no savior as the pace of hospital closures, particularly in hard-to-reach rural areas, seems poised to accelerate. Hospitals have been closing at a rate of about 30 … Read more

Subprime Begins to Haunt Credit Card Balances

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Delinquencies soar past Financial-Crisis peak at the ca. 5,000 smaller US banks, and these are the Good Times. What’s going on? The delinquency rate on credit-card loan balances at commercial banks other than the largest 100 – so at the nearly 5,000 smaller banks in the US – rose to 6.2% … Read more

As The Wealthy Flock To The Major Cities On Both Coasts, Poverty And Suicide Soar In Rural Areas Share

by Michael Snyder  America is increasingly becoming a divided nation.  Those with money are flocking to the major cities on both coasts, while many of those that don’t are fleeing to rural areas.  As a result, economic conditions can look vastly different depending on where you live.  In large cities on the east and west coasts … Read more

An excellent way to protect your US Dollar holdings

by Simon Black Last week we saw how quickly a currency crisis can destroy someone’s savings. In just one week, the value of the Turkish Lira plummeted over 30% after the US imposed sanctions against Turkey. So anyone holding all of their savings in Turkish Lira got hammered. This was an unfortunate reminder of the importance of a … Read more

US Navy Releases Video Of Ship-Killer Missiles To Counter Russia And China

by stockboardasset The United States Navy’s Naval Sea Systems Command (NAVSEA) released a video of the first live-fire test of the Raytheon Evolved Seasparrow Missile (ESSM) Block 2, intercepting a BQM-74 Chukar aerial target drone manufactured by Northrop. NAVSEA first mentioned the test on July 05, but the footage was just only released to the public last week. … Read more

“This Has Nothing To Do With Russia Collusion” Trump SLAMS Mueller After Manafort, Cohen Guilty Plea

https://www.youtube.com/watch?v=7PadOYb6JTc President Trump commented on Paul Manfort Verdict and Paul Manafort Guilty Plea reporters asked about Michael Cohen Verdict And Michael Cohen Guilty Plea , President Donald Trump rally will happen soon and he will tell how he feels. This is latest news and breaking news in current events and politics and business original air … Read more

One million Americans Default On Their Student Loans Each Year, Report Reveals

by stockboardasset More than one million American student loan borrowers default on their debt each year, a new report says. That means by 2023, approximately 40 percent of borrowers are expected to default. That is according to a new report by the Urban Institute, a nonprofit research organization dedicated to developing evidence-based insights on critical socioeconomic issues. Researchers … Read more

Is A Gold Rush Coming?

by Dana Lyons Gold speculators have gone net-short for the first time since near the beginning of the last bull market. If rallies are born on skepticism, we may be about to see a gold rush. At least, that is an inference some are drawing from recent figures from the CFTC on trader positioning in gold … Read more