Published On: July 16, 2024

Original Headline:

5 things to read today!

Morning Porridge Comment:

Five Things To Read Today…

Bloomberg – Dismissal of Trump Classified Document Case is Too Coincidental

We know more about Cicero, the Roman jurist, than most Roman senators because the legal pursuit of politicians was the way the state functioned… it looks the same now in the US, where the legal system is now an enabler.

Telegraph – Elon Musk “to give Trump campaign $45mm a month” after shooting

Elon Musk said he would not contribute to either presidential candidate or party – but guess what? Suddenly he’s Trump’s biggest backer.

FT -Bill Ackman tells investors his “notoriety” will boost new fund

Ackman plans to be the new Warren Buffett. Good grief? Is nothing sacred….?

WSJ – Trillions in Hidden Debt Drove China’s Growth. Now It Threatens Its Future

Great article from on-form WSJ – what else is China hiding and what is the nature of money in the Middle Kingdom? When do the foundations crumble?

Times – Tesla’s exciting growth prospects leave little room for error

WTF? When did the Time of London turn stock picker? No. When did they start writing fangirl nonsense for Musk? This must be what a Martian newly arrived on planet earth might believe … Telsa is the classic overpromise/underdeliver firm with massive corporate governance and social failures, but this writer thinks its stock price moves are what’s important. Jeez…

 

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