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."
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.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: