Tag Archives: Tesla

David Rosenberg on Yellen’s ‘Uncertainty’

In this link, eminent economist and market strategist David Rosenberg highlights many of the issues that are currently contributing to ‘uncertainty’ in world markets:

David Rosenberg on Yellen’s ‘Uncertainty’

For the sake of clarity, ‘uncertainty’ generally means ‘pessimism’ when used by economists. However, they should not be confused as one and the same thing.

Rosenberg lists off a number of topics that contribute to a sentiment of pessimism. Unfortunately, his argument is far too one-sided. He concludes his diatribe as follows:

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On the Importance of Narrative…

Last week I was invited to talk to an undergraduate business class at Riga Business School (thank you Lester Golden!). One of the themes I focused on was the importance of narrative when looking at individual stocks. From my experience, you can perform as many valuations as you like, but no matter how cheap a stock appears to be, it tends to be subservient to its overall narrative. As investors, we are taught to seek out and purchase future profits at a discounted rate, but as humans, we’re suckers for a good story.

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Lithium: A Study in Some Old Fashioned Commodity Speculation

The recent rise in the price of gold and the possible bottoming out of industrial commodity prices has some brave investors flocking back into mining stocks. While the gold rally looks like it is primarily based on sentiment, the move in the price of lithium over the past year exhibits a more classic example of what drives the cyclical nature of mining stocks perceived supply and demand.

Lithium is the primary component of the lithium ion batteries. You have a lithium ion battery in your cell phone as well as in countless other personal electronic devices. Currently, the billion dollar question revolves around the future demand for the considerably larger lithium ion batteries that are used in electric cars.

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