The Ideology Behind the American Revolution

Whatever positive economic changes the Milei government might have made in Argentina, the country is still not attractive for new capital investment.

Obama-Appointed Federal Judge Blocks Trump's EO Requiring Proof Of Citizenship To Vote Via American Greatness, A federal judge on Wednesday permanently blocked key portions of President Donald Trump’s executive order overhauling federal election procedures, ruling that the president exceeded his constitutional authority by attempting to impose new voting requirements without congressional approval. U.S. District Judge Denise Casper, an appointee of former President Barack Obama, concluded that the Constitution gives primary authority over elections to the states and Congress, not the executive branch. The ruling makes permanent a preliminary injunction Casper issued last year in a...

Morgan Stanley Projects SpaceX Revenue Hitting Stratospheric $3.4 Trillion In 2040, $2.7 Trillion In EBITDA Yesterday we shared a forensic analysis of the mechanics of the $75 billion SpaceX IPO and how to trade it, while specifically saying we are leaving the fundamentals aside. The reason for that is that the historicals of the company are, to put it mildly, problematic when it comes to projecting how the company grows into a multi-trillion behemoth.  As a reminder, SpaceX posted revenue of just under $20 billion for the LTM period, with approximately...