And technology stocks, which were hurt the most when the Fed started its aggressive interest rate hikes in March 2022, are now poised to benefit the most from a pause or even a decline in interest rate hikes.
1."Inflation expectations [are] dropping, lowering nominal rates=higher price-to-earnings [multiples] but not recession risk."3."Bank crisis is not systemic, even if investors are fearful such is the case."
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
The Fed is slowing down hikes because it’s afraid of the bank failing not because we’ve defeated inflation. The consensus is to raise rates and fight inflation. False hope.