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Ross Gerber, CEO / President at Gerber Kawasaki, highlights growing concerns about rising long-term interest rates, pointing out that the 10-year yield has reached 4.72% and continues to climb.
Gerber observes that while the Federal Reserve does not directly control long-term rates, their upward trend signals ongoing inflation issues and potential challenges for current U.S. policy approaches.
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Gerber previously shared that Elon Musk thanked Micron for its ongoing memory supply partnership with Tesla, highlighting cooperation between the two firms through a recent agreement. In a separate note, he suggested Tesla consider renaming its Full Self-Driving program to pretty good self-driving, stating it is not yet level 3-5 capable. These comments reflect Gerber's ongoing commentary on key industry developments.