Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,308.30, down 0.17% ● Crude oil prices surge amid escalating geopolitical tensions, supply concerns ● BCE warns shareholders of TRC capital's below-market unsolicited mini-tender offer ● Bitfarms reports significant mining fleet expansion and efficiency g...
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, ...
SpyderCall
OP
Silverbat
:
A soft landing is what I see playing out on the economic data. I think the market is already pricing in the soft landing possibly. But I'm not certain on that. One thing that could be a worry is if inflation falls too fast and for too long. this would be very bad for any economy.
SpyderCall
OP
Silverbat
:
Who knows. Europe, UK, and Australia paused and then hiked again. They haven't signaled a pause yet. However, the Fed has signaled a decrease in interest rates going further, so it will take a big increase in inflation to change that narrative. But anything can happen in these crazy markets
Bitfarms Ltd Stock Forum
● S&P/TSX 60 Index Standard Futures are trading at 1,308.30, down 0.17%
● Crude oil prices surge amid escalating geopolitical tensions, supply concerns
● BCE warns shareholders of TRC capital's below-market unsolicited mini-tender offer
● Bitfarms reports significant mining fleet expansion and efficiency g...
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, ...
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