An end to Fed rate hikes is one reason why tech stocks are resilient

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An end to Fed rate hikes is just one reason why technology stocks are holding up amid the broader market chaos

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."

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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.

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