Tesla Bear Says EV Prices Imploded As Supply Outpaced Demand, Even As Cathie Wood Paints A Positive Picture Of Innovation Leading To Deflation
Portfolio Pulse from Shanthi Rexaline
Ark Invest founder Cathie Wood argues that innovation-induced price declines are leading to a deflationary trend, despite a Tesla bear refuting her argument. Wood cites the steep drop in EV prices as an example of this trend. However, Tesla bear Gordon Johnson suggests that the price drop is due to a demand-supply mismatch rather than innovation. The iShares TIPS Bond ETF (NYSE:TIP) ended Friday’s session up 0.65% at $103.64.
October 15, 2023 | 4:42 pm
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The iShares TIPS Bond ETF (NYSE:TIP) ended Friday’s session up 0.65% at $103.64. The ETF tracks the investment results of an index composed of inflation-protected U.S. Treasury bonds.
The iShares TIPS Bond ETF (TIP) is mentioned in the context of the broader discussion on inflation and deflation trends. While the ETF ended Friday's session up, the article does not provide any specific news or events that would directly impact the ETF's short-term price.
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