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