Tesla recall: locally-made Teslas recalled in China. Link to The WSJ. The recall is not the story. The story is that it is due to Tesla's "forte": the cruise-control system which could be accidentally activated.
Nike: stock soars to record as US sales boom. Link: https://www.foxbusiness.com/markets/nike-stock-price-soars-to-record-us-sales-boom.
California autos, link here:
- road use gradually moving toward pre-pandemic levels since the state lifted its Covid restrictions on June 11, 2021
- well, that's a surprise. LOL.
Refiners, exemptions from renewable fuel obligations ruled "okay" by US Supreme Court; link here.
The Gartman note: Dennis Gartman turns bullish as the S&P hits the highest level in history. Link here.
Say what? Americans are going back to work faster in states where benefits are being cut. Link here.
Say what? New York and other northeast states see large drop in unemployment. Link here.
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