#btc Что stronger, money or power? The answer to this question was given very quickly. In the conflict between the most powerful president in the world, Donald Trump, and the richest man in the world, Elon Musk, the owner of Tesla was the first to blink. His company's securities sank by 14% in a day after the owner of the White House said that he would put an end to all government orders for the sale of electric vehicles. This is equivalent to $150 billion. The market was enthusiastic about the fact that the conflict was quickly ended. Elon Musk has the right to be dissatisfied with Donald Trump's big and beautiful bill. He canceled the tax credit of $ 7500 for the purchase of electric vehicles. As a result, Tesla will lose $1.2 billion, a figure comparable to the company's annual profit. Dynamics of Tesla and other Magnificent Seven companies Along with the cessation of mutual criticism of Donald Trump and Elon Musk, the rally of the S&P 500 above the psychologically important mark of 6000 was facilitated by the White House's announcement of a new round of trade negotiations between the United States and China in London on June 9, as well as statistics on the American labor market for May. In the run-up to its release, investors were spooked by a series of weak reports on the U.S. economy, including data on business activity, private sector employment from ADP and jobless claims. However, the growth of non-farm payrolls by 139 thousand, more than Bloomberg experts predicted, calmed the nerves of traders. The worst has not happened, which means that we can return to the previous strategy of buying out the failure of the S&P 500 with a light heart. It continues to work like clockwork. And investors participating in the MLIV Pulse survey are confident that the broad stock index will reach 6500. There were differences in opinion only in timing. 44% of respondents believed that this would happen by the end of 2025, 26% - in the first half of 2026, 11% voted for the second half of next year, the rest - for 2027. Dynamics of market expectations for the Federal Reserve rate Donald Trump, in response to strong statistics on the labor market, demanded that the Fed reduce the federal funds rate by a whole percentage point - from 4.5% to 3.5%. However, the derivatives market, on the contrary, reduced the expected scale of monetary expansion to 42 bps in 2025. Derivatives reduced the chances of a September easing of monetary policy from 90% to 70%.