


Tesla Inclusion, the Omen of the Uncontrolled Euphoria (according to the SEC) in our Financial Zombie World…
In our Global Macro Insight of today : – It doesn’t seem to worry anyone that leverage, represented by the Debt / Net Income ratio, is at an all-time high since 1986 and 12 percentage points above the 2008 record, while credit spreads are lowest (cf. the...