The electric car market is mainly associated with Tesla, its situation is also observed by investors. The stock markets are still attracting new investors, the current year is coming to an end, so it is worth checking what should be confessed to this market in 2023.
In this article:
- US Treasury yields fell
- Morningstar look at stocks market
- Tesla news
US Treasury yields fell
Investors are bracing themselves for the potential pressures of a recession, persistent inflation and what this could mean for Federal Reserve policy, especially with regard to interest rates, in 2023.
They will be scouring the latest economic data releases this year for clues.
Many investors are hoping the data will signal an easing of inflationary pressures, as it would suggest the Fed may slow down further or stop rate hikes altogether.
These factors affect the market situation of bonds. US Treasury yields fell on Wednesday as investors became concerned about economic growth and the direction of monetary policy for 2023.
Treasury yields slip as investors gauge 2023 Fed policy https://t.co/uR6xgrxlPy
— CNBC (@CNBC) December 28, 2022
Morningstar look at stocks market
The new year is getting closer. Everyone prepares as best they can to start it in the best possible way, makes plans.
The stock market is under the watch of Morningstar analysts. How it presented itself this year and what it is heading for in 2023 is detailed in the following tweet.
Early in the year, Morningstar analysts deemed many of the stocks they cover to be overvalued. But after the broad market has fallen more than 20 percent since the start of the year, analysts believe valuations have moved too far in the opposite direction.
Over the last 20 years, Morningstar analysts found that US stocks were undervalued only 10 different times, or about 36% of the time.
According to Morningstar, among the most underrated industries today are online content and information, including stocks like Alphabet (GOOGL), Google's parent company, and Meta Platforms (META), Facebook's parent company.
Where are stocks looking cheap or expensive as we head into 2023?
— Morningstar, Inc. (@MorningstarInc) December 28, 2022
Here are 7 charts detailing our analysts' latest stock market valuations: https://t.co/UZMK7Ygufy pic.twitter.com/uUsnYGWKZI
Tesla
Tesla is the most popular manufacturer of electric cars.
Sales have increased in recent years, but many factors affect car prices.
Fuel prices are easing, interest rates are rising, Tesla output is increasing, and EV competition is growing, all of which have implications for the price of used Teslas.
Soaring gasoline prices as a result of the war in Ukraine have boosted demand for the Tesla, one of the few long-range electric vehicles on the market.
Buyers of some new Teslas took advantage of the booming market to sell their relatively new cars at a profit and then order new ones, fueling the demand for new Tesla cars.
Used Tesla prices are falling faster than those of other automakers, and clean energy status symbols languish in dealerships longer, according to the information.
WATCH: Fuel prices are easing, interest rates are rising, Tesla output is increasing, and EV competition is growing, leading used Tesla prices to fall faster than the market. It's creating a cascading effect on new Tesla prices https://t.co/jCLZphpcRX pic.twitter.com/ZgXRr3d2Fc
— Reuters Business (@ReutersBiz) December 28, 2022