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Macro Thoughts: Goldilocks Pixie Dust
Published on October 13, 2024
The market continues to trend higher on Goldilocks pixie dust.
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How Stocks Historically Performed During Fed Rate Cut Cycles
October 12, 2024
Our research shows that on average U.S. stocks performed well a year after the start of a Federal Reserve rate cut cycle.
When Will Musk’s Robotaxis Actually Arrive?
October 13, 2024
The key moment during the Tesla Inc. robotaxi event Thursday night came when a member of the audience interrupted Chief Executive Elon Musk’s spiel about the benefits of autonomous vehicles. He had just opined about Airbnb-like fleets of money-earning robotaxis that you could care for like a shepherd tends their flock — stirring stuff, this — presaging “a glorious future” when someone shouted: “Wh