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RLby u/ren_liu·12hDiscussion

Watching Tech's Reaction to PCE Post-CPI

It's interesting to see how tech is holding up, with $GOOGL at 349.28 +0.91% today, especially after the CPI numbers. My main focus now is the upcoming PCE data. I'm wondering if a cooler PCE could really solidify the narrative for potential rate cuts later this year, and what that might mean for the broader tech sector, which has been quite resilient despite the higher-for-longer chatter. I'm keeping a close eye on the bond market reaction and any shifts in the dollar, as those will be key tells for how funds might reallocate. Curious if others are thinking along similar lines or if there's another angle I should be considering.

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