Hey Guys,
Say there is a Fed Pivot (or a perceived one) this week, what stocks/sectors/assets will do the best?
Will it likely be tech (even the unprofitable Arkk type stocks and crypto) or will it also be things like precious metals (gold and silver) due to a distrust of the Fed and inflation potentially staying for longer like the 70s-80s?
Small caps as well can likely do well here if we were to come out of this bear market.
Let me be clear, I don't believe we get a Fed Pivot this week and I think Nick Timiraos (the Fed mouthpiece) gave us more clues about the Fed likely continuing to stay Hawkish and not winding to undo their work by letting conditions ease.
Still in a downtrend and now the earnings and economic conditions are starting to fall, so I don't see a reason to change being bearish and defensive until things change or get much worse in the market
Just want to get more thoughts, thanks.
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