Oddbean

I started analyzing my #Tesla position. This seems like a market wide issue. 🚨 Look at the peg ratios! 🤯 Why have they priced in all this non-existent growth?! nostr:nevent1qqsqk0zpda8k8qx5qhqqp9rnkwkl8aqejecjdp3ywp4e43f765m3dnqpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgq3q3r0zrarxp8gnqhfuqj9x7n0z7w7knc679k8zgcxqh0238nld3yaqxpqqqqqqzegsazn Will rates coming down save these companies on the assumption that it will lead to more sales and higher margins? Isn't that literally inflation?? Say rates do come down.. That implies bond prices will go up, but who's going to be buying? This isn't how interest rates are supposed to work. The Central Banks aren't going to pivot straight into QE. It will undo all their work and ruin their credibility. They'll postpone and delay cuts until they are absolutely necessary. They are telling us all this for many months now. Watch Powell tomorrow say maybe 25 bp in Q2 or Q3. They led the market to think cuts soon to boost liquidity and to save them from a hard landing but that's it. All fugaze. I'll plan an exit from Tesla. Thanks for the cheese. Happy with 130% or whatever it'll be. ✌️ nostr:nevent1qqs97ej6e3htc57zv8ncdkr3cm2ac0v7hy6xxak080n4zw0l0nm6a0sppamhxue69uhkummnw3ezumt0d5pzqf95tyq2jtaug5nue7t4h4qknz8ygnrwfk0nvnz3tpn87pmky0lzqvzqqqqqqyxvpntu Palantir can stay, they're actually seeing real growth. #Finance #Economics #Stocks #Investing