It went up by more than $30bn. It went up by $60bn, or - by one entire Ford market cap. You know, Ford, the company that has much more revenue and is more profitable than Tesla.
The next 10 years are gonna be some to remember!
IMO, nothing will happen. If there is a big correction when it comes to these big stocks, then the Fed will step in and give them free money. And there will be no inflation as a result of that action, since the Fed will just be making sure that someone with $100 billion in wealth stays at $100 billion and doesn't drop down to $50 billion. They can literally do this forever.
It went up by more than $30bn. It went up by $60bn, or - by one entire Ford market cap. You know, Ford, the company that has much more revenue and is more profitable than Tesla.
IMO, nothing will happen. If there is a big correction when it comes to these big stocks, then the Fed will step in and give them free money. And there will be no inflation as a result of that action, since the Fed will just be making sure that someone with $100 billion in wealth stays at $100 billion and doesn't drop down to $50 billion. They can literally do this forever.
Atleast the tulip bulbs would eventually grow into tulips.
At some point something has to give. I think it'll be low intensity warfare with Nazis attacking critical infrastructure.