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The Cloud Battle Rages On: Tech giants are heading to divergent paths
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Hamster in a wheel

Investors were hoping that inflation is cooling and the market rallied in the early half of the year. Powell and team will then come out and say that we are not ready for pivot. The market tanks.

Then another catalyst such as AI boom will bring the market up again. Next moment, you will have a surge in treasury yields or poor earnings to bring the market down.

Like a hamster in a wheel, this will go round and round.
Nothing personal. It’s just how the market works.
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