Why Tesla stock is getting left in Ford's and GM's dust
New York Tesla had a stellar 2020: The electric car maker was added to the S&P 500 and the stock surged an electrifying 743%. But some investors have pulled the plug on the company lately.Tesla shares are nearly 25% below their all-time high set earlier in the year, and down 2% for 2021 to date -— a time when traditional automakers are surging as they ramp up electric vehicle ambitions.It seems investors are a bit infatuated with these legacy Big 3 automakers as they look to rapidly expand thei
Nomura Warns Of Market "Reversal Risk" As FedSpeak Walks Back 'Bullard Bomb'
After last week’s market fireworks on the Fed's "hawkish surprise" and Jim Bullard's "you think that's hawkish, hold my beer" moment on Friday morning, which has many market participants screaming “policy error", Nomura's Charlie McElligott warnstraders now need to be ready for some potential “reversal of the rhetoric” this week-especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead......which is notable in that bothTreasury Yields and Equities are already s