(Bloomberg) -- Asia was set to extend a rally that pushed global stocks to fresh highs as jobs data supported the view the Federal Reserve can engineer a soft landing for the US economy. The yen edged lower as traders prepared for an interest rate decision in Japan.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughThe Moonshot Plan to Eliminate Deaths on America’s RoadsNew York City’s Transit System Plans
The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the decade.
In the highly competitive electric vehicle (EV) market, major players such as Tesla (TSLA), Rivian Automotive (RIVN), and Lucid Group (LCID) have encountered significant headwinds, with demand not meeting expectations. In this article, I will use the TipRanks Stock Comparison Tool to explain why I am bullish on TSLA and RIVN, and bearish on LCID. I’ll also outline why I consider Tesla to be the best choice among the three automakers. Tesla (TSLA) Despite a stretched valuation, I am bullish on Te