Investors Are Betting Against Inflation And For Recovery


Cutout paper illustration representing scheme and Stocks inscriptionImage Source: Pexels
We were treated to an unexpectedly strong second-quarter GDP print today – 2.8% on an annualized basis. That’s almost double last quarter’s performance.So you might think we’re firmly in “growth” mode out here in the wider economy, but today’s sector-by-sector price action looked more like a recovery or early growth phase.But you’ve got to take what you’re given. Industrials, energy, and financials all outperformed but gold and (surprise) tech stocks took a beating.In fact, a lot of tech and AI stocks fell back to lows – and some, like MSFT and GOOG are still falling as investors start to question the AI narrative. Stocks like AI and PANW are at support and defending key levels.So let’s talk about what we should be doing with all of this.Video Length: 00:13:57More By This Author:Helmets On – Volatility Is HereStocks Are Chopping Near Highs… And Looking For A Leader Atlas Shrugged… And the Market Rallied

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *