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SOTS 2nd Hour: Consumer “Election Uncertainty”, Tesla’s Electric Boogaloo and A Deep-Dive With ServiceNow’s CEO 10/24/24

Squawk on the Street

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Navigating Economic Uncertainty and Market Dynamics

This chapter covers the stabilization of Treasury yields and new home sales data, reflecting on the effects of fluctuating mortgage rates on buyers. It further explores how economic uncertainty influences consumer behavior and corporate decision-making, with insights from the Beige Book and company performance across various sectors. The discussion also highlights Tesla's financial results, challenges in the automotive market, and the implications of upcoming elections on stock values and regulatory risks.

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