Tesla's 11% Surge Fuels Nasdaq Record High: Big Tech Takes Charge
Posted: Sun Dec 08, 2024 4:12 am
Tesla’s 11% surge this week propelled the Nasdaq to record highs, alongside a broader big tech rally. Is this sustainable or are we witnessing another tech bubble about to burst? With mixed economic data, including a rebounding labor market yet underlying weakness, how much longer can this growth continue? The DAX also saw significant gains this week, raising questions about a potential decoupling from US markets and a brighter outlook for the Eurozone. What factors are driving these disparate performances and what does it mean for global investors? Are we overlooking warning signs while chasing record highs? Lets discuss the potential risks and rewards in this volatile landscape. Where do you see the markets heading in the next quarter, and what are your investment strategies given these current trends?