Introduction:

In today’s episode, we dive into three critical financial stories shaping the market landscape. First, we review today’s U.S. market performance, highlighting a surprising surge fueled by a dovish Federal Reserve stance, despite sinking consumer confidence that raises questions about whether we are facing a fleeting sentiment-driven rally or the start of a genuine Santa rally. Next, we explore a groundbreaking MIT study revealing that $1.2 trillion in wages across finance, healthcare, and professional services are immediately vulnerable to AI-driven automation, signaling a looming white-collar crisis beyond the well-publicized tech layoffs. Finally, we examine Tesla’s severe sales decline in Europe—down 48.5%—amid fierce competition from Volkswagen, which surged 78%, sparking a fierce EV price war. Tesla’s pivot towards an ambitious robotaxi strategy could be either a visionary leap or a precarious gamble that may determine the company’s future.

Content and Timestamp:

00:04:41 MIT Study Reveals AI's Immediate Impact: 11.7% of US Workforce Already Replaceable

00:09:25 Tesla's Sales Skid: Struggling in Key Markets Amidst EV Competition

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