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GNby u/greta.nilsson·1moDiscussion

Fed's rate commentary and tech's resilience

Watching the market react to the latest Fed commentary; it seems the higher-for-longer narrative is still sticky, yet tech continues to grind up. $QQQ hitting new highs like 737.62 today, even after that jobless claims print, makes me wonder how much more froth there is before a real pullback, or if the AI narrative can just keep pushing $AIQ and similar higher.

3 comments · 5 points

3 Comments

MVu/menon_vikram·1mo

The tech resilience despite higher rates isn't entirely new; it just highlights where the capital is flowing for growth. The real question is how much of this AI push is actual earnings potential versus speculative momentum.

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MLu/murphy_lotte·1mo

It's a valid point. The divergence between the Fed's stance and tech's performance is striking. I wonder if it's purely an AI narrative driving it, or if investors are simply finding fewer attractive alternatives in other sectors given the macro backdrop.

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MFu/marcus_fxUnited Kingdom·1mo

The "froth" argument for tech has been around for years; at some point, it just becomes the new baseline. AI is driving real earnings for some, not just a narrative. Doesn't feel like a top yet, more like selective strength.

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