Your Evening Read: Too Cheap to Charge? Why China’s EVs Are Leaving the West in the Dust
China’s electric-vehicle juggernaut isn’t just undercutting prices… it’s outpacing western automakers on both tech and build quality, according to Ford’s boss.
Mike “Mish” Shedlock digs into why China’s EV factories are churning out superior, lower-cost rides, and what that means for anyone betting on legacy carmakers. Click through to see how Detroit might have to rewire its entire playbook.
Podcast Highlight: Beware the Boomer Candy…
Ever wondered why some “safe” ETFs feel more like financial roller-coasters? In this episode of Money Stuff, Matt Levine and Katie Martin peel back the curtain on some real killer combos… Think AI hype fueling funky-structured products and bond-like ETFs that pack more surprises than your favorite memecoin. From “boomer candy” high-yield baskets to volatility-laundering schemes, they unpack the clever (and occasionally absurd) ways Wall Street repackages risk.
If you trade ETFs, dabble in exotic derivatives, or just crave a laugh at the quirkiest corners of finance, this episode is pure gold.
That’s all for today’s Evening Edition!