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By David Stockman David Stockman**Q**s Contra Co

We have been cogitating on the gross anomaly of our time: Namely, the fact that pre-tax corporate profits of $2.2 trillion (annual rate) posted for Q4 2018 were actually a tad lower than they were 7 years ago in Q1 2012, yet the S&P 500 has gained 12

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In some respects, Tesla's autonomous driving investor day went exactly as one thought it might: lofty unreachable targets, incorrect and inaccurate allegations about competition and CEO Elon Musk nervously mumbling his way through questions and answe