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A dot-com style unwind of big tech stocks is coming on the heels of a Fed rate hike,Bank of America says

Business Insider2021-12-13

Investors should sell the rally in stocks ahead of upcoming Fed interest rate hikes, Bank of America said in a Friday note. BofA's Michael Hartnett expects the Fed to raise interest rates by 0.50% in ...

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  • robot1234
    ·2021-12-13
    US inflation surges to 40-year high, with consumer prices in November jumped 6.8 per cent, the biggest gain since 1982. Will be interesting to see how Biden can continue to print another few trillion dollars without causing double digits inflation.
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  • pekss
    ·2021-12-13
    I think this current Fed committee tends to prepare the market well on its policy moves ahead of time, rather than shock it with abrupt changes.
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    • darrenlsw
      Yes but no specific advise what to do
      2021-12-13
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    • 慢的老人
      Agreed, although sometimes their messaging is unclear and end up spooking the markets anyway.
      2021-12-13
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  • MayTan
    ·2021-12-13
    Noted
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  • Rudyy
    ·2021-12-13
    Like
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  • 在於我們是
    ·2021-12-13
    Please like [Smile] 
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  • MarcuzK
    ·2021-12-13
    Like ty
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    • Stingers
      ok
      2021-12-13
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