California Court OKs $80M Life Insurance Policy Lapse Notice Settlement

Published on May 12, 2025

A future state Supreme Court ruling could determine how much money other insurers will pay out.

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Morgan Stanley's Wilson Warns Stocks Are Not Yet in the Clear

May 12, 2025
A more "dovish Fed" and a 10-year yield below 4% "without recessionary data have yet to materialize," he said.      Related StoriesS&P 500 Soars as U.S., China Agree to Slash TariffsUBS in Talks to Sell Hedge Fund Unit to Cantor FitzgeraldCetera Taps Ex-Equitable Exec to Lead Branch Office Model

Current Thoughts on Tesla

May 12, 2025
Today Tesla is not trading based on car sales but on future dreams of self-driving robo-taxis, robots, semis, and whatever else Elon dreams up. The car company may be worth $100 billion to $180 billion; the rest is what investors are willing to pay for Elon’s dreams.