Sector Rotation
Tech has been killing it in the market this year, thanks to the artificial intelligence boom. The tech sector has lifted the entire market while other sectors have greatly underperformed.
Occasionally, an overheated sector will begin to cool off as investors rotate their capital into underperforming sectors in expectation of a broadening rally or a change in the economy.
Even the NASDAQ announced a special rebalancing later this month, ...

Morgan Stanley forecasted the Fed to hike interest rates further in July after Powell signaled that more interest rate increases would approach as the process of getting inflation back down to 2% has a long way to go. As radical rate hikes may accelerate the possible recession, Morgan Stanley predicted the nonfarm payroll (NFP) could turn negative first in Augus...