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Gordon Johnson, CEO / analyst at GLJ Research, questions the Federal Reserve's approach to rising inflation and interest rates.
Johnson states that the central bank regards inflation as transitory when it rises and moves quickly to easing measures when inflation slows, suggesting that a rate hike is unlikely to occur again.
Johnson has previously highlighted shifts in equity options activity, noting the TSLA put/call open interest ratio near 0.72x and the absence of a historic volume dip. He also warned that Tesla could lose up to 90% of its valuation after Elon Musk stated that full self-driving software is not close to being ready. These comments frame Johnson’s ongoing skepticism regarding major market narratives and central forecasts.