John Lekas has a blog post about the effect of Ebola on certain segments of the market, namely travel and leisure. He asserts that, along with previous epidemics like SARS and H1N1, fear of outbreak is causing the most harm to the market, not the virus itself.
Last night, Elon Musk revealed the new Tesla D in grand fashion, and it lived up to the hype and grandiosity . The Tesla D is practically a space ship, a vivid glimpse into the future of automobiles. Read more about the Tesla D on the John Lekas blog.
John Lekas has a blog post about the dilemma facing Yahoo CEO Marissa Mayer. With the $6 billion Yahoo earned from selling Alibaba shares, activist investor wants Mayer to use the cash to merge with AOL. Will this be enough to offset the continued losses of Yahoo’s display advertising and help it bridge the gap [...]
A quick update on my Tumblr about what Russia is doing to command control over former Soviet countries as the world’s gaze remains transfixed on Ukraine.
Amid Western sanctions and declining energy prices, the Russian ruble has dipped to its lowest point ever, getting 38.80 rubles per one U.S. dollar. The EU and U.S. have stonewalled Russia in an attempt to resolve the conflict with Ukraine. Until the West lifts these sanctions, or Putin and Moscow start heavily investing in the [...]
Read John Lekas’ blog post about the potential market effect of the recent escalation in the Russia and Ukraine conflict. Western sanctions on the Russian energy sector may be on the horizon after Kiev accused Russia of planning on cutting of gas supplies to the European Union in the winter.
John Lekas recently made appearances on CNBC and TheStreet to discuss an unlikely investment opportunity: Russia. Despite the horrendous conflict with Ukraine and the current government ban on food imports from the United States and other western country, Russian energy bonds are currently cheap and ripe for investment. Lekas told CNBC that he [...]
The stock market was up 30% in 2013, but nobody seemed to notice. According to a recent Gallup pole, nine out of ten people didn’t know about the market’s bullish gains. In fact, the bull market is already well into its fifth year, but only 52% of Americans were invested in the stock market last [...]
John Lekas has a quick blog post about what Argentina’s Wednesday default and how it could impact mutual funds holding the country’s bonds. Read the complete blog post.
John Lekas writes a quick blog post on how Tesla has successfully scaled production of its renowned electric cars. Tesla is preparing to open its Gigafactory lithium ion battery production facility, which will double the world lithium production capacity and catapult Tesla toward its goal of producing 200,000 units per year by 2020. Read the [...]