$DIA $SPY $QQQ $RUTX $VXX $JPM Just in: JPMorgan (NYSE:JPM) says the stock market rout has probably past its worst now. Again, there is something really different about the COVIS-19 coronavirus and the world’s reaction to it, the reaction is unprecedented, and scary. The past 4 wks have seen huge responses not only from central […]
$DIA $SPY $QQQ $RUTX $VXX There is something very different about the coronavirus and the world’s reaction to it. That reaction is unprecedented, and unnerving. The past 4 wks have seen huge responses from central banks which were confident in the global economic outlook and in no hurry to move on rates. Since then we […]
The White House continues to work on a tax-cut plan in hope that Republican lawmakers will be in control of Congress after the Y 2020 elections, President Trump’s top economic aide Larry Kudlow said. “I am still running a process of Tax Cuts 2.0,” Mr. Kudlow said in a TV interview Wednesday. “We’re many months away.” The […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street finished higher on the strength in growth and value stocks President Trump met with economic aides Wednesday to discuss the possibility of cutting the tax on capital gains by indexing them to inflation His advisers updated on the issue, and a final decision on whether to pursue the […]
$USD $HKD Residents of Hong Kong are swapping their Hong Kong dollars for other currencies as political unrest affects the local currency, the WS-J reports. Hong Kong’s currency sharply weakened against the USD starting last July, which analysts partly attribute to outflows. The FT reports Hong Kong’s 10 richest people lost about $15-B since that time. […]
Capitalism and Socialism are both economic schools of thought that are to an extent virtually opposite of each other. Understanding the differences between them is important as it can help you understand a great deal about economic discussion and thought. Capitalism: To each their own. Markets should be free of government intervention and the principles of supply […]
Global-strategy adviser Parag Khanna describes the ways that the world economy is increasingly Asia-centric and will be moving even more swiftly in that direction. Here’s why More than 50% of the world’s population lives in Asia, where economies are growing quickly and becoming increasingly interconnected in culture, business, and trade. In this piece Parag Khanna, […]
$TSLA Wednesday, covered in Red Ink Tesla’s (NASDAQ:TSLA) erstwhile CEO Elon Musk suggested a capital raise could be imminent, as the US’ fledgling EV maker lost $700-M in Q-1 and while optimistically predicting a return to profit in Q-3. Tesla big plans to resolve logistics issues with global vehicle deliveries after suffering stiff headwinds marked […]
With Bitcoin back above $5,000, there are signs to suggest that the Bear market might be coming to an end. This has surprised quite a few who expected it to drag on a little while longer. I was one of them. Of course, this may still happen, but there are signs that we are beginning […]
By Harvey Bezozi Most Americans this year will feel the effect of the new tax law, in one way or another, on their personal financial positions. Some will benefit thanks to lower tax rates, higher alternative minimum tax (AMT) exemptions, and increased deductions. Others will be penalized due to the new restrictions on state and […]
FLASH: World’s Gold miners seek merger opportunities $GLD, $GOLD, $CS A move by the world’s biggest gold miners to get bigger adding new vigor to an industry that failed to inspire investor support in Y 2018. The mega-merger mania now under way for Newmont Mining Corp., Barrick Gold (NYSE:GOLD) and Goldcorp will result in some […]
$RACE Summary: Ferrari repurchased 78,055 common shares for €7.04-M till 10 January 2019, under the repurchase program announced on 28 December 2018. The company share repurchase resulted in 6.08-M common shares held in treasury as of 10 January 2019. As of the same date, the Company held 2.43% of the total issued share capital including the […]
Ferrari (NYSE:RACE) Reports on Completing Its Stock Buyback Program $RACE Ferrari (NYSE:RACE) announced Wednesday that under the common share buyback program announced on 9 February 2018, the Company has purchased additional common shares; reported in aggregate form, on daily basis – on the Italian Stock Exchange (MTA) and the New York Stock Exchange (NYSE) as in […]
F1: Ferrari’s (NYSE:RACE) Season the “Strongest in the Past 10 Years” + The Maranello Outfit is buying back its shares in the market. $RACE Ferrari’s (NYSE:RACE) engineering Chief Jock Clear believes the Team has had its “strongest season for 10 years” in F1 during Y 2018. Although Ferrari emerged as a major threat to MercedesAMG in the […]
Metalla Royalty & Streaming Ltd (OTCQX:MTAFF) Closing on Gold Royalty Acquisition $MTAFF, $GLGDF, $RGLD, $FNV,$WPM HeffX-LTN views Metalla, a new entry, in this coming commodities cycle as a good risk-off bet. Metalla Royalty & Streaming Ltd’s (OTCQX:MTAFF) CEO Brett Heath announced Monday, that the company is proceeding to close its acquisition of the 2% net smelter […]
Why China is Right to be Wary of Bitcoin (BTC) $BTCUSD China has cracked down on Bitcoin shuttering cryptocurrency exchanges, the Bottom Line The wave of sell orders that hit the US ‘coin’ market on 10 October 10 should not have surprised anyone who watches it carefully, we saw it coming months ago. Bitcoin (BTC) […]
Tesla (NASDAQ:TSLA) Needs $1-B+ in Cash in the Next 6 Months $TSLA Wall Street is asking: “where it it going to come from?” By the end of Y 2018 Tesla needs to come up with about $1-B to give to creditors, it does not have it. So, forget the libel lawsuits and the Twitter wars, the […]
The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing The Trump Effect has Made America Great Again, and Is Keeping America Great! The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which continues to underpin economic growth. The labor market, which is […]
Meet Canberra, the unsung hero of the Land Down Under aka OZ. It is a far cry from the hustle and bustle of Sydney and Melbourne, but this capital city deserves a spot on your Australian itinerary. A wholly Australian city, Canberra brings together the elements that make this nation so special – fantastic natural […]
Stock Buybacks Up 50% to $384-B $AAPL, $GS, $SPY The biggest use of cash among S&P 500 companies is making their public footprints smaller, a strategy that is paid dividends in 2018. According to Goldman Sachs (NYSE:GS), aggregate share repurchases aka buybacks, rose by nearly 50% to $384-B in 1-H of Y 2018. That tops […]
Until There are Clear and Present Regulated Guidelines Cryptocurrency will Not be a Robust, Legitimate Asset Class $BTCUSD,$CME, $Cboe There is and has been talk on The Street about financial institutions adding crypto services to their offerings, raising new funds for digital currencies, and even launching dedicated trading desks. But until institutional investors have a regulated, […]
American’s Taxes Should the Dems Take the Congress This November Republicans will make the historic Trump tax overhaul that slashed taxes 1 of their Key campaign selling points ahead of November elections. Democrats on the other hand are talking about how they want to undo it. In their bid to retake control of Congress, many […]
Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid $TSLA, $SFTBY, $ORCL Tesla’s (NASDAQ:TSLA) CEO Elon Musk, 47 anni, once said PIF could help him fund the ‘420’ $72-B deal to take his fledgling EV maker private. PIF, the Saudi Arabian sovereign wealth fund is in late stage talks to invest in Tesla rival […]
Musk Burns $739.5-M of Tesla’s (NSADAQ:TSLA) Cash to Record Q-2 Loss $TSLA Fledgling EV maker, Tesla, Inc, (NASDAQ:TSLA) burned $739.5-M in cash last Quarter, a company record $717.5-M net loss as it rolled out a few more electric cars. But CEO Elon Musk reiterated a promise to post net profits in Q’s 3 and 4 on […]
Bitcoin (BTCUSD) Breaking Round Number Resistances $BTCUSD Bitcoin’s technicals showed us that a bottom had formed, tested and setup for a FIBO price increase. Several technical analysts called out the rise because they saw a inverse head and shoulders pattern in its action. This pattern tells us the price of a security alternates between successive troughs […]
Cryptocurrecy’s Use in Hedging Gaining Traction $BTCUSD Cryptocurrencies have lost 100’s of Billions in total market cap since December 2017, add to that continued confusion about its regulatory status in the US and elsewhere, we might expect that the nascent crypto hedge fund industry would be struggling. But, a report by CryptoGlobe suggests that this is not the case. In fact, the pace […]
Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher $DIA, $SPY, $QQQ, $RUTX, $VXX Shares in the biggest US banks rose Friday after the Fed completed its annual stress test giving financial institutions the go-ahead for plans to return capital to investors through dividends and buybacks. The S&P 500 bank sector index was last […]
Planning Begins for President Trump’s Military Parade Planning is beginning for the military parade that President Donald Trump ordered the Defense Department (DoD) to organize in February. No budget has been set for the project. The Defense Department can pay for parts of the event out of its training budget, by assigning a fly-by to […]
Saudi Added to MSCI Emerging Markets Index, Huge Cash Inflows Seen MSCI said 32 major Saudi stocks will gain emerging market status Index provider MSCI confirmed that Saudi Arabia will be added to its emerging markets index from June 2019, in a move widely expected to help the Kingdom’s bourse attract greater investment. MSCI said […]
Tesla’s (NASDAQ:TSLA) Senior Management Team Ankling $TSLA, $GOOG Tesla (NASDAQ:TSLA) CEO Elon Musk declared he is “flattening the management structure to improve communication, combining functions where sensible and trimming activities that are not vital to the success of our mission” as part of a sweeping reorganization of his flagging EV manufacturing company. The revelation came […]
As the EU Splinters, ECB’s Draghi Pleads for Currency Reform $EURUSD European Central Bank President Mario Draghi Friday called for greater central government interference in capital markets, stating his desire for a fiscal instrument that would alleviate crisis-driven stress on weaker countries. The Head of the European Central Bank (ECB) is urging political leaders to […]
Tesla (NASDAQ:TSLA) Market Sours on ‘Darling’ EV Maker $TSLA Tesla Inc’s (NASDAQ:TSLA) Elon Musk’s refusal to answer “boring” Wall Street analysts questions about the EV maker’s financial condition sent shares down as much as 7% Thursday and triggered concerns about its ability to raise money in the future. Tesla’s bonds followed the shares lower and, […]
Wall Street ‘White Paper’: Reduce Regulations, Encourage Capital Formation $NDAQ Cutting the Red Tape Wall Street lobby groups urged US policy makers and regulators to revamp rules to encourage more initial public offerings and to reduce the regulatory cost of staying public, in a white paper issued Thursday. Groups including the Securities Industry and Financial […]
Savvy Managed Money Is Paying Attention to Stocks Aimed a Millennials $DIA, $SPY, $QQQ, $VXX Monday, hedge fund managers, aka Managed Money, at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas ranging from online food ordering to home-builders that should benefit from the growing influence of the millennial generation. Millennials, a […]
Bitcoin: IRS says ‘Less than 100 people have reported holdings so far’ $BTCUSD The Big Q: What will be the impact of last years digital currency boom be on US tax payers? Notably, Germany has declared Bitcoin Tax Exempt. In Y 2017, cryptocurrencies became among the very trendiest investment opportunities. And, after much debate and […]
Decoding ICOs, What They Mean Here are some details relevant to the growing popularity of ICOs (initial coin offerings) It seems that we are living in a global news cycle dominated by stories revolving around blockchain and cryptocurrency, and the GCC region is no different. Dubai has announced plans towards becoming the 1st blockchain-powered government in […]
Blockchain, “No One Can Own of Control It, Everyone Can Use It” $BTCUSD, $ETHUSD, $IBM, $GOOG, $JPM, $USB, $WMT, $SPOT Blockchain is a technology that no one can own or control but anyone can use, it is the platform for Cryptocurrency. Blockchain as applications for just about any enterprise involved in record-keeping, documentation, registrations and […]
The Trump Economy has Traction, is Gaining Momentum Last week’s Q-4 GDP report showed a gainer of 2.6% (SAAR), following gains of 3.2% and 3.1% the prior 2 Quarters, which was the 1st time in 3 years that GDP posted 2 consecutive Quarters of 3.0%+ growth. Note: Nothing close to that ever happened in the […]
Tesla (NASDAQ:TSLA) Misses Again as Cash Runs Out $TSLA Tesla fails to deliver again. Tesla management says they are a Quarter away from production goals, they are really light years away if ever. Last week, Tesla (NASDAQ:TSLA) pushed back a Key production target for its pivotal M-3 sedan again, raising Big Questions about whether the […]
Charlie Munger: “Bitcoin, Silicon Valley Are Bubbles” $BTCUSD Berkshire (NYSE:BRK.A) Vice Chairman Charlie Munger, 94 anni, warned savvy investors that he thinks Silicon Valley’s VC (venture-capital) funding and bitcoin are bubbles to avoid. “Yeah sure on Bitcoin and venture capital, too,” Mr. Munger replied when asked if he thought the controversial digital currency was a bubble. Currently, […]
Ferrari (NYSE:RACE) Delivers for Investors and Clienti $RACE “La migliore Ferrari mai realizzata è la prossima”– Enzo Ferrari* Ferrari (NYSE:RACE) delivered an *ROE (return on equity) of 115.78% over the past 12 months, which is an impressive given the industry average of 16.45% during the same frame. The impressive ratio tells us that Ferrari has […]
China is Controlling Offshore Investments $AMC China’s controlling offshore investments makes sense, but that does not mean it is smart. It is tempting to see all manner of conspiracies behind the Chinese government’s recent crack down on companies that have expanded rapidly abroad. In fact, the reasoning behind the campaign is straightforward. The real problem is […]
Singapore Technologies Electronics (ST Electronics) has increased the capital of its subsidiary, ST Electronics Thailand by THB 310 million (approximately SGD 12.6 million). This capital boost aims to support the expansion and growth of the company’s rail electronics business in Thailand, and will bring ST Electronics’ total share capital contribution in ST Electronics Thailand to […]
With a market capitalization of USD $19.41 Billion, Woodside Petroleum Ltd (ASX:WPL) falls in the category of stocks popularly identified as large-caps. These are established companies that attract investors due to diversified revenue streams and capability to enhance total returns through dividends and buybacks. While value and historical performance are important in analyzing a company, […]
BHP Billiton Limited (NYSE:BHP) opened at 41.14 on Friday. BHP Billiton Limited has a 52-week low of $28.77 and a 52-week high of $41.79. The stock’s 50 day moving average is $36.96 and its 200-day moving average is $37.36. The stock has a market capitalization of $109.47 billion, a price-to-earnings ratio of 44.14 and a […]
Ferrari (NYSE: RACE) Buyers are Aggressive $RACE Renaissance Technologies cut its stake in Ferrari (NYSE:RACE) by 3.1% during Q-1 according to its most recent 13F filing with the SEC. The institutional investor owned 387,922 shares of the company’s stock after selling 12,377 shares during the frame. Renaissance Technologies owned about 0.21% of the company worth […]
Investing in Regenerative Medicine (RM) $GS, $BTX A recent report from Goldman Sachs (NYSE:GS) includes a section titled “The Coming Age of Regenerative Medicine.” An article about the report in BI is titled “Money is pouring in to a hot new area of science that could change the way we think about aging.” According to […]
Exclusive Interview With founding CEO of Metalla Royalty & Streaming, LLC $EXCFF $GG Tuesday, I sat down with Brett Heath, the founding President/Director of Metalla Royalty & Streaming, LLC (OTCMKT:EXCFF) to discuss the importance and benefits of his new enterprise to the industry, community and stakeholders in the world of precious metals mining, funding and production, […]
Donald Trump Slates Wall Street Lawyer to Chair SEC $GS, $BABA US President Elect Donald Trump said Wednesday he intends to nominate Walter “Jay” Clayton, an experienced Wall Street lawyer, to lead the U.S. Securities and Exchange Commission. “Jay Clayton is a highly talented expert on many aspects of financial and regulatory law, and he […]
US Attracting Chinese Capital Outflow $USDCNY Last Thursday, China took another step to degrade the USD in defining the value of its currency, in an effort that cuts against its rival’s strong hold on the global financial system. An arm of the People’s Bank of China (PBOC), which last year started setting the RMB Yuan […]
China, No Restrictions on Foreign Firms Cross Border Transfers $USDCNY China’s foreign exchange authority (SAFE) said last Friday that there are no restrictions on foreign firms’ cross-border profit transfers, responding to market concerns about tightened regulation over capital outflows. As China has realized convertibility under the current account, real international payments and transfers are not […]
China Trying to Halt Capital Outflows, Market Bears “Smell Blood” $USDCNY China’s increasingly aggressive measures to clampdown on capital outflows has not gone unnoticed by US hedge-fund manager Kyle Bass. Mr. Bass is famed for his successful bet against the US housing market in the global financial crisis of Y’s 2007-2008, so markets monitor his […]
China’s Central Government Opens Up its Capital Market The volume of approved foreign institutional capital investing in China’s capital market picked up in October thanks to more opening-up policies. The accumulated volume of the approved Qualified Foreign Institutional Investors (QFII) program grew by US$2.7-B in October to reach about US$84.4-B as of 27 October. The […]
Germany’s CEO’s Standing Behind Deutsche Bank (NYSE:DB) $DB The CEO’s of several German blue-chip companies have discussed Deutsche Bank’s (NYSE:DB) problems and are ready to offer a capital injection if needed to shore up Germany’s largest lender, newspaper Handelsblatt reported Thursday. The German newspaper said that under an emergency plan the participating companies would purchase […]
Stock Markets Have Turned Into a Vegas/Macau/Monte Carlo Casino Global central bankers have turned world financial markets into a casino, thanks to their unprecedented monetary policies, Bill Gross warned Tuesday. “Our financial markets have become a Vegas/Macau/Monte Carlo casino, wagering that an unlimited supply of credit generated by central banks can successfully reflate global economies […]
China Scraps Asset Allocation Restrictions on Foreign Investors China’s securities regulator said last Friday it has removed asset allocation restrictions on qualified foreign investors to allow them greater freedom to invest. In principle, neither the allocation mix for investors under the Qualified Foreign Institutional Investors (QFII) nor the RMB-denominated Qualified Foreign Institutional Investors (RQFII) programs […]
The Bull Market in the Gold Mining Shares Has “Only Just Begun” $GLD, $SLV, $DB, $DIA, $DXY Tedious, that’s how I’d describe the stock market for the past 6 weeks. Everything is on hold until Janet Yellen finds the courage to euthanize the bulls on Wall Street with a few rate hikes. It will be a […]
Business Capital Spending Continues to Show Weakness $DIA, $SPY, $QQQ, $VXX US single-family home prices rose slightly less than expected on an annual basis in June, and were down from the prior month, a survey showed on Tuesday. The S&P CoreLogic Case-Shiller composite index of 20 US Metro areas rose 5.1% in June on a […]
NYC, Commercial Real Estate Capital of the World $JLL New York has knocked off London as the world’s premier city for FDI (foreign investment) in commercial real estate due to fears the vote to leave the EU aka Brexit, will diminish the British capital’s appeal as a global financial center. Data on cross-border property transactions […]
AVIC Capital Holdings Co Ltd(SHA:600705) Trading Outlook HEFFX Notes AVIC Capital Holdings Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 5.99. The projected upper bound is: 7.66. […]
Saudi Stock Market Easing Restrictions on Foreign Investment Ownership limits and minimum qualifications for overseas institutions will be eased next month Saudi Arabia will ease restrictions on foreign investment in its securities markets next month, sooner than previously indicated, in an effort to attract more institutional money into its exchange, the regulator said Wednesday. With […]
S&P Maintains Strong Abu Dhabi Ratings The agency affirmed its ‘AA’ long-term ratings for the emirate despite low Crude Oil prices Ratings agency S&P has maintained its strong ratings for Abu Dhabi despite the impact of low Crude Oil prices on the Emirate’s economy. In its latest report, S&P affirmed its ‘AA’ long-term and ‘A-1+’ short-term […]
China’s Forex Reserves Fell in July, Gold Reserves Up $CNY, $USD, $GLD China’s Forex (foreign exchange) reserves fell to $3.20-T in July, central bank data showed Sunday. Economists polled predicted Forex reserves would fall to $3.20-T from $3.21-T at the end of June. China’s reserves, the largest in the world, fell by $4.10-B in July. […]
VC Investors are Emerging from the GCC Arab Angel Fund founder Kyle Hendrick explores how Gulf investors can make the most of the United States’ tech start-up scene In cafes and conference rooms across the world’s leading and emerging technology capitals, it is not uncommon to hear the same conversation-starter. Members of the investment community […]
Crowdfunding for the Benefit of the Public Crowdfunding platforms offer a rich vein of inquiry about the implications of digital infrastructure for civil society. Since their early development in the creative arts during the mid-2000s, these online systems for funding projects via smallcontributions from many peoplehave grown in number and reach. The best-known examples in […]
GCC Investors Halt Capital Flow Into UK Real Estate Gulf investors holding back on United Kingdom property deals due to concerns prices will fall on the UK’s vote leave the European Union. Sovereign and private investors from the region have been some of the most prolific buyers of British real estate in recent years, particularly […]
Real Estate Investment “Pivots” to Crowdfunding Crowdfunding: Crowdfunding is an investment trend that has fueled startup development and garnered Pop Culture casche as regular people have begun investing like never before. Real Estate is the latest area to open up. The biggest change that allowed people to begin considering real estate crowdfunding was the passage […]
SEC Proposes Expansion of the Smaller Reporting Company Many professionals have been lobbying the Securities and Exchange Commission (SEC) over recent years to increase the pool of public companies that can qualify for the scaled disclosure requirements available to smaller registrants, the SEC is seeking comments for proposed amendments that will expand the definition of […]
Global Economy: Stiff Headwinds, Weak Recovery, Risky Future Looking back at the state of the global economy in 1-H of Y 2016, it is disappointing to see a weak recovery and a risky future. In its Global Economic Prospects released in June, the World Bank (WB) revised its Y 2016 global growth forecast down to 2.4 from […]
Japanese Economy Hard to Grow with Declining Workforce The fundamental problem of the Japanese economy is its declining workforce, an Australia international economist said recently in an interview. Joseph Capurso, Commonwealth Bank of Australia international economist, said: “It’s very hard to grow your economy when your workforce is falling.” The May Markit/Nikkei manufacturing PMI declined […]
Qatar Plans Zones w/Tax Incentives to lure Overseas Investors Qatar is seeking to draw in more foreign investors and cut its dependence on gas revenues by setting up special economic zones that will allow for 100% overseas ownership. The world’s top LNG exporter is one of the richest countries per capita but faces a projected […]
Chinese See Risk In US Stocks, Selling Off $DIA, $SPY, $QQQ, $VXX For the past year, Chinese selling of US Treasuries has irritated investors and served as a gauge of the health of the world’s 2nd-largest economy. The People’s Bank of China (PBOC), owner of the world’s biggest forex reserves, burnt through 20% of its […]
US Consumer Spending, Residential Investment Driving a Weak Economy $DIA, $SPY, $QQQ, $VXX The demand side of the US GDP accounts shows that the nations economic engine has 6 cylinders, they are: consumer spending residential investment capital spending inventories net exports government spending. In recent Quarters, it seems like most of the US economy’s power […]
Tulla Group’s Kevin Maloney, Chasing Growth in Australia CapitalPitch, an funding platform in Australia that helps startups connect with VC (venture capital) money, has begun raising at least A$10-M for its own fund to co-invest in early-stage Australia ventures that raise money through its website. The new CapitalPitch Venture Fund is partnered with the high-net-worth […]
Philippines Seeing Strong Domestic Demand Continued demand for capital and consumer goods drove imports growth of 11.7% in March this year, the National Economic and Development Authority (NEDA) said this week. The agency reported that imports reached US$6.4-B from 5.7-B in the same frame last year. “This is on account of higher purchases of capital […]
Analysts Questioning the Very Existence of SolarCity (NASDAQ:SCTY) $SCTY Last week SolarCity Corp. (NASDAQ:SCTY) reported Q-1 adjusted diluted net loss per share of 2.56 on revenues of $122.6-M. In the year-ago Quarter, the company reported a net loss per share of 1.52 on revenues of $67.48-M. The loss was deeper than expected, but what really […]
Tesla (NASDAQ:TSLA) Must Raise Billions To Meet Musk Dreams $TSLA Tesla Motors (NASDAQ:TSLA) has to raise Billions by selling stock to meet Elon Musk’s production plans. The Big Q: Will the benefits will be enough to outweigh the dilution of the falling share price. When CEO Elon Musk drove the EV company’s target ahead to […]
Elon Musk Buys His Company’s Stocks & Bonds on Credit, Pledges His Shares $TSLA, $SCTY, $GS, $MS Elon Musk is Risky Business SolarCity Corp. (NASDAQ:SATY) has tried in vain since October 2014 to lure individual (retail) investors to the solar-power business by pitching $214-M of what he dubs “solar bonds” through the company’s website. The […]
