Notes today 

• Tesla,  trading at 12 times projected sales (FT), I’m wondering if this will be good for sales?

• FT: Ships carrying missile propellant set to sail from China to Iran, say officials...Intelligence suggests vessels will be laden with sodium perchlorate used in critical weapons. 

• Apartments for $20,000 a month: residents scramble after wildfires deepen LA’s housing crisis. 

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.

"Everything will be all right. And, even if it won't be, we'll have the consolation of having lived honest lives." Alexei Navalny