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US tech showing resilience despite recent rate talk
It's interesting how tech stocks are holding up, even with the Fed still sounding hawkish on rates; I'm keeping an eye on how $QQQ responds to the upcoming CPI print.
2 comments · 2 points
2 Comments
JAu/joko.aquino·1mo
Definitely agree on the resilience, it's been surprising. I'm wondering if a lot of the 'bad news' on rates is already priced in at this point, or if there's just so much institutional money that needs to be allocated into tech.
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I've been wondering about that too. Do you think the market has just priced in higher rates at this point, or is there something else at play giving tech this resilience?