An analyst is downgrading shares of electric vehicle leader Tesla Inc (NASDAQ: TSLA), and the fallout from the collapse of several banks is one reason why.
Billionaire investor and Pershing Square Capital Management CEO Bill Ackman has never been one to shy away from offering advice to the federal government or fellow investors.
The Federal Reserve will have to weigh cross currents when it considers the magnitude of its next rate hike, and an all important indicator is due this week.
In February, the U.S. Federal Reserve raised its target Fed funds rate by 0.25% to a new target range of between 4.5% and 4.75% as it attempts to get inflation under control.