HUGE News Moving The Market Today!
Tesla is up 6% today, but the Brazilian market plummeted and took several stocks down with it, including MercadoLibre (MELI). In this video, we update the stock market-to-GDP ratio (the Buffett Indicator) to see where the overall market stands, break down what’s moving Tesla, and look at why analysts are now warning that December could bring another rate hike. Then we run MercadoLibre through the Everything Money Stock Analyzer to find out what the business is really worth and whether today’s drop is a rare buying opportunity or a warning sign. 📊 Want to know what a stock is actually worth…
The skinny
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