CPI and reduced fat CPI have been .3% or .4% MoM for the past 6 months
If you annualize that (times 12 regard) thats 3.6%-4.8% for 6 months
"B-b-but YoY numbers..." yeah those are ghey, they play numbers games with "base effects" where the comparison looks good from the year before but has fuck all to do with how inflation is trending now
[https://wolfstreet.com/2024/05/15/beneath-the-skin-of-cpi-inflation-april-after-some-zigs-a-zag-but-6-month-core-cpi-hits-4-0-6-month-core-services-cpi-hits-6-0-both-highest-since-mid-2023/](https://wolfstreet.com/2024/05/15/beneath-the-skin-of-cpi-inflation-april-after-some-zigs-a-zag-but-6-month-core-cpi-hits-4-0-6-month-core-services-cpi-hits-6-0-both-highest-since-mid-2023/)
some nice crayon charts for you regards to ponder
>but Buffett would rather have too much cash than purchase a bad deal.
Where we discover the one fundamental difference between Warren B. and r/wallstreetbets
To clarify, a majority of *voting* shareholders must ratify the package. The first time this happened, institutions owned about 70% and *always* vote their shares. Currently, about 46% of TSLA is institutional. Getting retail to vote is like getting ... people to vote. With the near-term issues surrounding TSLA, especially of a manically-distracted CEO, it is conceivable this does not pass.
However, and more important, is the reincorporation of TSLA to TX from DE. That requires a majority of *all shares to vote* in favor. If the first succeeds and the second fails, then another trip to DE Chancelry is in the near future. Since the DE court voided the $50 B version, I can see the institutions saying "thank you, we will stay here and not move to the wild west where "he needed killin" is still a defense under the law."
Serious question: if DFV used the pump-momentum of his tweet to (a) dump old shares or (b) dump shares bought right before his tweet, would that be legal?
I mean, he didn’t advertise or promote anything, but he knew it would cause a move. Really curious.