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Michael Smitka
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Professor of Economics at Washington & Lee University in Lexington Virginia
Professor of Economics at Washington & Lee University in Lexington Virginia

57 followers
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Quick thoughts on the stock market impact of the trade war
Mike Smitka, Economics, W&L What are the market implications? Below are quick thoughts. I will refine this initial and very tentative analysis over the next month. Above all, I need to add detail on the investment implications. There can be little doubt tha...
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Tesla's bond, again
Tesla Bond, again
Tesla Bond, again
autosandeconomics.blogspot.com
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Tesla Bond, again
Mike Smitka I posted an article on Seeking Alpha on Tesla's junk bond. It may be behind a fire wall. In any case, here's the key chart, updated subsequent to the SA post to include data back to November 1, 2017 (previously I'd only taken things back to Dece...
Tesla Bond, again
Tesla Bond, again
autosandeconomics.blogspot.com
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Tesla's bond reflects its rating; given the level of noise, I see no trend once we compare yields to other junk bonds.
Tesla Bond Yield
Tesla Bond Yield
autosandeconomics.blogspot.com
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Tesla Bond Yield
Mike Smitka Economics, W&L Tesla has one straight bond, an 8-year bond at 5.3% with a semiannual coupon payment, maturing Aug 15, 2025. I have been putting trade data into a spreadsheet for several months, with the underlying goal of comparing that bond wit...
Tesla Bond Yield
Tesla Bond Yield
autosandeconomics.blogspot.com
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Who's getting the better end of the technology deal? It's likely not the Chinese, but it's imprudent to boast about it, as that might get the goose cooked...
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Licensing our technology to China? Shhh ... it's nicely profitable
As an observer and sometimes participant in industrial policy debates for 30+ years, few industries are "winner takes all." It's just not the way either technology or competition works. In addition, few technologies turn out to be national in significance. ...
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The Trump Bump in Coal
Mike Smitka Washington and Lee University I've no idea what Pres. Trump will say in his SOTU address, but it is useful for me, living near coal country, to look at what's happened in my neck of the woods. ( BTW, I do live in woods! ) In particular, can any ...
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