We started buying treasuries again and growth stocks are back, notes Ross Gerber. He talks about how he believes that the Fed is over raising rates. He talks about how advancements in A.I. will have a dramatic impact on jobs, highlighting Nvidia (NVDA). Some jobs are now at risk that weren’t before. He then talks about Tesla’s (TSLA) new “Elon Mode.” “Elon Mode” allows autopilot without the prompt to keep hands on the steering wheel. Auto safety regulators are requesting data on number of users authorized to use “Elon Mode.” Tune in to find out more about the stock market today.
Market On Close
30 Aug 2023
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