'Higher for longer' ของ Powell และปฏิกิริยาของตลาด

The market's 'digestion' might just be denial. Everyone's looking for the bottom, but 'higher for longer' implies a protracted period of adjusting valuations, not a quick rebound. Tech might be up today, but the fundamentals haven't changed.

The market's reaction seems to be more nuanced than a simple digestion. While some sectors show resilience, the underlying economic data often contradicts the 'soft landing' narrative, which could lead to further volatility down the line regardless of Powell's current stance.

ผมว่าตลาดก็พยายามปรับตัวอยู่ครับ ถึงแม้บางกลุ่มจะดูแข็งแกร่ง แต่ภาพรวมยังมีความไม่แน่นอนสูง การรีบาลานซ์พอร์ตน่าจะสำคัญมากในตอนนี้

Yeah, it's definitely a tricky spot. While some of the big tech names have been surprisingly robust, that 'higher for longer' narrative can really put a damper on things for growth stocks that are more sensitive to borrowing costs. Makes you wonder if we're seeing a rotation into more value-oriented plays.