Considering the pickup EV has been an enormous commercial flop, only selling barely a fraction of Musk’s promised 250,000 to 500,000 Cybertrucks a year, there’s a good chance Tesla is using the mercurial CEO’s other venture to boost the numbers ahead of the end of an otherwise disastrous year.
eh, the SP500 is just the slot machine meant to real people in
real $ is on learning what individual tickers are really worth and trading on that
bubbles like this are basically just milking pensioners and whatnot who buy into the system mindlessly, when enough buy in and there’s a catalyst to get peoples eyes on the screens (imo, trump finally croaking) so they can sell into it profitability the algo’s switch to dumping, which’ll then cause mainstreet to panic sell seeing half their retirement vanish overnight
It’s more than a slot machine, it’s the primary beneficiary of all the bad fiscal policy and wealth concentration. That and real estate. All the cool kids are hoarding it! Giving them selves cool loans based off the cool valuations they cooked up. Bond market is imploding and taking cash with it. Great time to buy SPY
but…considering the state of US labor/left, realistically crashes like they’re setting up now are the plebs best bet on actually capturing some of that wealth for themselves, it’s that or you jump like a monkey (sports) or record your misery (various arts) and hope your pain/suffering is entertaining to them.