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Artisan Mid Cap Fund Q1 2024 Commentary [Seeking Alpha]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Our portfolio outperformed the Russell Midcap® Growth Index in Q1 due to balanced security selection across health care, industrials, consumer staples, consumer discretionary and communication services. We think prudence is justified from here, as valuations have expanded, and robust economic activity makes the pace and magnitude of near-term rate cuts somewhat suspect. Stocks in "hot" areas such as AI—even when ultimately worthy of the excitement—can experience expectation adjustments along the way. Investing Environment As we entered 2024, equity markets moved higher in anticipation of the US economy experiencing a Goldilocks scenario-soft landing combined with falling inflation-that would lead the Fed to cut interest rates. Overall, the US economy continues to show remarkable resilience in the face of elevated interest rates, with solid consumer spending and low unemployment. However, we note that evidence of cracks in the economy are emerging, such as rising credit card d
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- Elon Musk sues Indian battery company Tesla Power for trademark infringement [FOX Business Network][FOX Business Network]
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- Have the wheels come off for Tesla? [Yahoo! Finance][Yahoo! Finance]
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