
In today’s pre-mkt summary for Subscribers: Fed Chair Powell explained in Congressional testimony that a cut in interest rates was premature until the full effect of tariffs became clearer - likely September; President Trump’s key decisions in the next two weeks include self-imposed July 4 target to get his tax and spending bill approved by the Senate, and tariff decisions before Trump’s global tariff pause expires on July 9; Our thoughts on what’s next for $Tesla(TSLA.US) following the largely successful and incident-free Austin Robotaxi launch after watching hours of autonomous rides posted online by social media influencers.
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