Elon Musk
@elonmusk · Dec 20, 2022
Go back and read your old Securities Analysis 101 textbook
Elon Musk
@elonmusk
In simple terms:
As bank savings account interest rates, which are guaranteed, start to approach stock market returns, which are *not* guaranteed, people will increasingly move their money out of stocks into cash, thus causing stocks to drop.
08:51 PM · December 20, 2022 · 4.6M views
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