Fed's hawkish stance and its impact on my watchlist

The latest Fed commentary, still leaning hawkish despite some softening data, suggests rates are likely to stay elevated for longer than some had hoped. This just reinforces my focus on companies with strong balance sheets and consistent free cash flow, rather than highly leveraged growth plays, and I'm watching how this continues to pressure $SAP after its recent dip to 145.97, along with keeping an eye on precious metals like $SLV, currently at 52.13, for any sustained breakouts or breakdowns based on real rate shifts.