(Bloomberg) - Elon Musk's bankers are considering providing the billionaire with new margin loans backed by Tesla Inc. stock to replace some of the high-interest debt he layered on Twitter Inc., according to people with knowledge of the matter.
Bloomberg Television:
https://finance.yahoo.com/video/musk-bankers-mull-tesla-margin-054548487.html
By Su Keenan reports on Bloomberg Television
December 8, 2022
US stocks are facing a growing risk of a sharp selloff this year as the escalating war in Iran hurts global markets.
Growth-value rotation sounds good in theory. Executing the tactic—without triggering taxes, without optimal timing, without constant oversight—is where most advisors hit a wall. Pacer ETFs’ QQWZ aims to solve all three problems at once. The fund alternates between the Nasdaq-100 and the Pacer US Cash Cows 100 Index based on a monthly relative strength screen, using the ETF wrapper to rotate without generating capital gains. Sean O’Hara, President at Pacer ETF Distributors, breaks down how it works.