Ford: selling $100,000 SUVs faster than they can make them. What a great country.
January auto sales: January, down.
Tesla: slashes return on bonds; investors "can't get enough of them" -- Bloomberg; sold $546 million of auto lease-backed bonds; the article doesn't say, but a fairly recent article suggested that slightly more than 50% of Tesla deliveries are leases.
Hostess Brands: $1.250 bonuses; and free snacks under Trump. Under Obama, Hostess Brands declared bankruptcy. Don reminded me that under Obama's oppressive regime (high taxes; heavy regulation), Hostess Brands declared bankruptcy.
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