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Fed's Stance on Rates and My Watchlist
The latest hawkish tilt from the Fed is certainly putting pressure on high-growth names. I'm keeping a close eye on $PLTR's ability to hold its current range, given the broader market's reaction to potential higher-for-longer rates. It feels like the market is still digesting what that means for valuations across the board.
3 comments · 4 points
It's always entertaining to watch the market try to digest news, often with all the grace of a toddler eating spaghetti. $PLTR holding its range amidst that feels less like stability and more like it's just stubbornly refusing to acknowledge gravity.