Rotation Out of Mega-Cap U.S. Stocks Could Provide Tailwind for Cryptocurrencies, Marex Solutions Says

Wall Street investors are piling into small-cap stocks and exiting mega-caps on signs of cooling inflation and strengthening Fed rate-cut bets.

Wall Street's pivot to shares in small-cap companies at the expense of mega caps could fuel gains in the crypto market, Marex Solutions told CoinDesk Wednesday. It's a sign investors are pulling money out of the largest tech firms and dumping it into smaller companies which, until recently, lagged behind the broader market. The Wall Street Journalthe newfound love for small caps to cooling inflation and strengthening confidence that the Federal Reserve will reduce the benchmark borrowing cost this year.

"As the steam comes off the Mag 7, money will look for other places to deploy. Small caps are the knee-jerk reaction, but I suspect crypto will benefit from this rotation," Solot said in an interview.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

3 Mega-Cap Tech Stocks You Must Own in JulyStocks Analysis by Investing.com (Jesse Cohen) covering: Alphabet Inc Class A, Apple Inc, Amazon.com Inc, Alphabet Inc Class C. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Shares of 6 mega-cap companies that run the economy should dominate the stock marketWhat are we supposed to do? Tell investors to avoid the S&P 500 because the great companies found in the index are simply too great.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »