Quote:
Originally Posted by 2000cs
I didn’t say the market would not rise in a rising interest rate environment. What I intended was that the realization that interest rates likely won’t be cut in the next little while resulted in a revaluation downward, especially of tech and emerging companies. After that, the trend up should resume.
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I think we have to realize the 'selloff' (if we even want to call it that) is a result of technical trading. I don't see why big tech can't operate in a high interest rate environment like they have been.
Do you agree with my point? I would rather see a strong economy + lower unemployment + slightly higher inflation than the inverse.