First Rolexes, Then Diamonds, Now Consumers Revolt Against Mercedes S-Class As Luxury Bust Worsens
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
First Rolexes, Then Diamonds, Now Consumers Revolt Against Mercedes S-Class As Luxury Bust Worsens Ryan Preclaw, head of research investment sciences at…
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Class-B and lower malls face a tough time either as retail or redevelopment prospects.
“We have painfully learned that social media memes can matter more for TSLA share performance than actual financial metrics, fundamentals or (dare we say) valuation,” Barclays analysts led by Ryan Preclaw and Brian Johnson said in a research note. “In the model we think is most appropriate, a swing up of 7 or more submissions today over yesterday has been predictive of outsized returns in TSLA stock tomorrow.” Despite the findings, the study notes that there isn’t yet enough data to establish a rock-solid link between Tesla’s share price and Reddit posts. “The situation has been...