Big Tech financial results
The quarterly financial results of Big Tech (MSFT, GOOL, META) did not have the same momentum as before, with the real sales growth rate after adjusting for inflation in the single-digit range.
This means that it is weakening to rising interest rates.
On the other hand, looking back at the FOMC the other day, it seemed that Chairman Powell was becoming optimistic about the outlook for the economy, such as deepening his confidence in a soft landing.
Since this is a factor in the rise in long-term interest rates, I think it will happen that “Big Tech's stock price will begin to decline even though business performance is strong” in response to a decline in valuations.
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米国株や新興国株について発信します。バフェット太郎note https://note.com/buffett_taro
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