That may be true, however, as you know 3rd world country maladies tend to spread among other 3rd world countries and can cause global problems if they go too far.

The Federal Reserve will be pushed to slow the dollar's ascent by not raising rates as quickly now that Turkey and other 3rd world countries are feeling the heat.

With the slow meltdown of 3rd world countries there is undoubtedly pressure to stop raising rates and making the dollar harder to get right now. The Federal Reserve tends to care about the short term over the long term although their easy money during the whole cycle is a major concern. When the cycle ends things will look bad for most of the economy with questionable ways for the Federal Reserve and government to get out of the downturn.

The chip market is looking a bit exhausted although $NXP does look better weathered for any fallout.

Very true. Sadly few people really recognize the risk associated with higher yielding investments even though they were made pretty clear during the last downturn.

The broad market hasn't been performing that well for some time. It's a result of the zombie economy. The reason why the stock market has been doing well is that larger companies are able to grow by consuming the market of the rest of the economy and this shows in the stock market as well. The more massive banks have consumed the smaller banks and financials. The more massive tech companies have grown so big that buying up even mid sized companies doesn't affect them in the slightest. And the small mom and pop businesses are dying up by the boatload.

This can still go on for years, but it makes the US economy more and more fragile because the author is right. This can not go on forever. Cannibalization isn't ever a long term solution for anything.

Indeed he battery market moves very slow and is why he had to make do with what is rather than what may be. That said, hopefully a credible mass producible battery technology will come about soon. It is really the main stopping point for clean energy growth including electric cars. I am a big fan of hydrogen cars, however, generating and distributing the hydrogen has its own problems.

This stock has already priced in its good news and is too expensive right now. If it can keep up its growth it will be appealing later or if there is a substantial downturn in its price. It is a nice find but too late to get in now.

Spin is one thing, truth is what matters. I thank Mr. Peterson for shedding some truth on the topic of battery technology. Invariably battery technology is advancing and I suspect when electric vehicles become dominant in the auto industry new cars will not be using the current technology. Hopefully, Tesla will be able to migrate with the others. It is not a innovator in this market but is trying to scale existing technology which has serious problems ramping. This, however, seems to be the least of its worries given its real production is still so low.

Very interesting. This provides very good insight into the progress of global trade over time. The US real problem which is not being dealt with is not its trade imbalance but its government overspending which is not at a crisis yet. However, with both parties now having no consideration for anything close to a balanced budget, things could get worse much faster, especially since we depend on foreign countries to finance out government debt.