Current stock prices are divor

Current stock prices are divorced from reality and could drop if something bad happens. For example, $Tesla Motors(TSLA)$ car sales are falling fast yet the stock is up based on a promise of robots and taxis, even though they only have a few taxis operatinh and have sold zero robots to date.

FOMC Minutes Amid Shutdown! Is Fed Ready to Go Further?

Traders await minutes of the Fed's last policy meeting later in the week, while the federal government shutdown entered its sixth day. Last month, the central bank reduced its benchmark rate by 25 bps. Powell said in September that the Fed was facing a "challenging situation", noting that near-term risks to inflation were tilted to the upside and those to employment leaning downside. Powell is scheduled to speak on Thursday. -------- Do you expect another 25 bps in October? How will market move this week? With multiple stocks surging, is market entering a stage of irrational exuberance?

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