The EU is preparing to discuss the idea of a ban on spot purchases of natural gas from Russia as part of a plan to phase out energy imports from the country https://t.co/9eqXD8varA
@elonmusk@Tesla should add a “Rocking Mode” – gently moves the car back and forth while in park, perfect for keeping babies asleep while one parent stays in the car. Game-changer for parents.
@garyblack00 Have you modeled the potential for Tesla to license FSD to other automakers? This could be quantifiable and significant.
Additionally, there's the intangible value of amassing and owning millions of driving data points.
@garyblack00 I would much rather buy property during an economic downturn than a car. Ten years from now, the property will have doubled in value, while the car will only retain 20% of its worth. Add ten years of rental income, and it's an easy choice.
Pause in rate hikes: Fed signals cracks in the system, worse than priced in
25bps hike: Inflation fight pressures banks, raises odds of contagion
50bps hike: Shocks market & financial system, more bank failures
What's the best path forward?
#FOMC#InterestRates#FedDecision
The 1970s birthed the microprocessor, PC, and calculator, paving the way for future innovation. Today, advances in AI, robotics, and renewable energy could reshape the economy for decades. #tech#innovation@elonmusk@DivesTech@garyblack00
After the Fed paused its rate increases, the unemployment rate initially improved from a high of 6.1% in 1970 to 5.0% in 1973. However, rising inflation caused by loose monetary policy eventually led to a surge in unemployment, 8.3% in 1975. @DivesTech@elonmusk@garyblack00
During late 1968 to June 1970, the Fed raised rates from 4.6% to 13%, to curb inflation but led to sharp contraction. The Fed paused its increases, which ultimately caused a resurgence of inflation in the mid-70s. A pivotal moment in Fed's history. #Fed#stagflation#macro