U.S. stock markets have experienced another brutal week. Inflation fear and soaring bond yields are some of the concerns that are trying to burst the higher stock valuation bubble. The Dow Jones Industrial Average, among two other stock indices—the S&P 500 and the Nasdaq Composite—is the only index holding on to its yearly gains. The fear is that we could see an even more intense sell-off that could crash the stock market.
The Nasdaq Composite index is facing a brutal sell-off this year, and it is down nearly -3% YTD. The index is firmly in the correction territory as it has dropped over 10% from its all-time high of 13,879—formed on April 16 this year. The fundamental factors that are causing the stock market to tank are fear of higher inflation and tech stock valuation. The reason is that dovish monetary policy and stimulus support are aiding the economic recovery process.
Traders believe that the Fed will increase the interest rate, which could hurt the economic growth as economic recovery is still fragile. Simultaneously, some speculators also hold the view that inflation is getting out of control, and soon it will pass the Fed’s comfort level. This could prompt the Fed to take appropriate action, which could include tapering the asset purchase program.
Articles like this really help! 😒😒
Now that you mention it no damn it !
Tesla is soaring 699.60 about to hit 700 Life is Good
I've come to profit far more by listening to the talking heads on the financial cartoon network and doing the OPPOSITE.
TLDR: no, it is not, according to this analyst. The market is shifting away from tech and into other sectors.
Nice one
This has been an ongoing discussion for the last decade. The likelihood is, as always, the market rotates into other winning sectors, not completely crash
negative | just some tech companies who r still naughty | censorship sucks
Yes
Yes
This article was written March 5th. Why are you reposting it 9 days later?
Deep State, Cabal who plant dirty bombs everywhere and will use them to get their way, also drink children's blood, rape them, torcher them, gut them, sacrifice them to Satan is the same people who control Biden, the Democrat party, and the media.
nice
No