Slapdash

KRW second only to TWD in mispriced Asia FX

You don’t think they could conceivably compete with Porsche?

Where are all those Shanghai exports from Jan going?

Presumably because the Russians were able to geologist based on all the media Ukraine released about the production facility?

California Clean Trucks program is going to bankroll 1/3 of the cost. That’s it.

So good

If I may ask, do you see this expanding into a broader plaza accord type framework? Or just a one-off subtle, understated support for yen from the U.S. Fed/treasury?

TWD and KRW seem like even better candidates for coordinated appreciation, but little/no action from the administration.

And how many will die if Walz orders the National Guard to shoot ICE? How will the federal government respond?

This is what Trump wants. It would allow him to invoke the Insurrection Act.

A minor scandal on the Kalshi discord that they settled their “unsupervised full self driving release” contract almost immediately after Elon Musk’s victory tweet today, despite clear violation of their own settlement rules.

Typically @kalshiofficial.bsky.social waits at least a few hours or days.

I watched him give a speech last year extolling the benefits of deregulation under Trump, and in the next breath lamenting that the SEC and CFTC were bringing back boiler rooms with their “hands off” approach to crypto.

The loss of EV tax subsidies in China will weigh on GF3’s domestic sales in 2026.

There was likely demand pull forward in Q4, so Q1 could be pretty dismal.

Interestingly, the lawyers for the DMV didn't rely at all on CA SB 1398, which was the law passed in 2022 to address misleading autonomy claims.

This just underscores the fact that the CA DMV could have addressed this issue under existing statute at any time over the past decade.

Tesla will make no changes, and the DMV and state attorney general will do nothing, unfortunately.

And still no financial restitution for customers, which had originally been one of the DMV’s proposed remedies.

I predict Musk will ignore this and move on.

Ok, but… no mention of a follow up hearing to determine financial restitution?

With 90 days to prepare by building inventory, a 30 day pause to deliveries is a slap on the wrist.

The judge reached a decision on November 20th. The decision will be made public per CA administrative code on Monday, December 22nd, unless the DMV decides to release it earlier.

Unsupervised FSD pump one week before a California Office of Administrative Hearings judge announces an adverse decision against Tesla for false advertising wrt autopilot and FSD? You don’t say.

What’s good on Apple TV?

Kalshi market making division absolutely doesn’t“set prices” given that anyone else can post a competing market or trade against them. It’s completely different.

Does Citadel, or anyone else effectively “set prices” on the NYSE? No.

The $140k poverty headline belies some real problems he details in the post about tax code penalties that come with increasing household earnings from $40k to $100k. It’s legitimately hard for families to raise two or more kids on that income range in this country.

For the daft: are you suggesting the Fed is presently hawkish because they have seen strong preliminary BLS data?

California DMV has narrowed its request to an in-state production halt of at least 30 days, asking for a follow up hearing to determine financial restitution for false advertising.

In the meantime, the OAH judge's decision is due November 26th.

$TSLA

$MSTR “mnav” below 1.2. At this rate may be below 1 by end of month, just in time to need cash for pref payments.

Run rate on prefs + convert coupons is ~$700m annually now.

Less than two weeks until CA DMV false advertising ruling.

Show me a country where pepper spray is legalized and it’s a societal menace.

Sorry - how do you get cut from 10+ feet away?

I genuinely don’t get the pushback to legalizing it. It’s non-lethal and effective.

Why doesn’t Congress have to approve this bailout of Argentina?

Thanks for this. I was a cross country/track athlete and have always bonked past 60 minutes of exercise. I just assumed I have very limited glycogen reserves.