With Fed QT (Quantitative Tightening) running at a pace of $95 billion a month and the Treasury forecasting its cash balance to rise by $200 billion into year end, that amounts to a squeezing of liquidity that alone implies an 8% drop for the S&P 500 by the end of December, according to their model.
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Tesla's FSD and Robotaxi Failures: Why Investors Are Hitting the Brakes
Tesla’s long-anticipated Robotaxi event, where CEO Elon Musk unveiled the futuristic "Cybercab" concept, has left investors underwhelmed.
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