In the era of mega-mergers, share buybacks, and cheap money since the 2008 crisis, the idea that stock prices reflect real value has become a gimmick. The recent, much-talked-about $1.25 trillion merger between SpaceX and xAI could well lead to a global financial storm, mentioned Thanos Chonthrogiannis, Chief Economist of Trust Economics . The risks …
Tag: Elon Musk
Trump administration cuts borrowing costs in two ways: Musk’s DOGE in spending and cheaper energy
By sidelining the Federal Reserve in order to lower borrowing costs for Americans, the Donald Trump administration says it will reduce government spending and increase energy supplies. The payoff will be twofold: it will ease inflationary pressures and strengthen the economy’s fiscal position. While President Trump continues to urge the Fed to lower short-term interest …