'On Wall Street, We Are Front Stabbers. In Washington, They're Backstabbers,' Says Anthony Scaramucci. 'Look What They Did To Elon Musk'
Anthony Scaramucci, in a podcast interview, contrasted Wall Street’s overt ruthlessness with Washington’s covert political maneuvering, citing the treatment of Elon Musk and Tesla (TSLA.OQ). He warned that inflation and housing unaffordability are eroding real wages and squeezing consumers, arguing median U.S. home prices (~$432,000) now require ~ $160,000 in income vs median household income of ~$84,000. The piece is largely market commentary advising diversification beyond single equities into real estate, fixed income and alternatives. While it references Goldman Sachs (GS.N) anecdotally, the article’s implications are political and macroeconomic—highlighting policy/political risk and consumer pressure that could weigh on corporate revenues and market sentiment rather than offering a direct trade call.