Quote:
Originally Posted by BMW F22
Quote:
Originally Posted by antzcrashing
Be specific, but I am going to guess you mean how can nasdaq rise while inflation is at 40-year high and fed should be forced to hawkish
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Pretty much. Dips few days in a row and recovers a few days in a row. Hard to understand the reasonings. |
I hear ya, I think the market is in between 2 opinions: the obvious one, which may be too obvious: the fed raises rates and growth stocks like Nasdaq index go down, and another opinion: the fed is full of shit and biding time for the covid economy to fix itself, and less rate hikes needed. Yesterday it was the latter, today it was the former. This ping pong is likely to continue until he market makes a choice