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/biz/ - Business & Finance


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49355311 No.49355311 [Reply] [Original]

The Dow Jones fell on strong jobs data. Tesla stock plunged on an Elon Musk move.

>> No.49355344

>>49355311
idk, maybe people finaly realizing the "strong jobs data" is complete bullshit

>> No.49355394
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49355394

tesla stock plunge is probably due more to its massively inflated valuation

>> No.49355491

>>49355394
Probably but what is an Elon Musk move? It must be a thing because they designated it as a thing.

>> No.49355538

>>49355491
its a tweet

>> No.49355586

>>49355311
Stock market has been inversely correlated with the economy since covid
>strong economic data
>means the fed will stop printing
>the market goes to shit because it lives and dies on feds gibs and nothing else
It's that simple

>> No.49355634

>>49355311
>Leatherback turtles