It’s not only rate hikes that are the issue, more factors are at play here.
Jesse Franklin@pinnaclewealth · 10h
Rate hike will absolutely crush tech stocks . When rates raise so does the U.S. Dollar a high is dollar makes exported goods more expensive and revenues will slow.
Mike L@noviceadvisor · 8h
Seems like you completely forgot what happened in 2021 when Yellen was yellin "inflation is transitory" maybe you weren't investing then. Lending rates in Canada went from 0.5% to 4.5% in 2022 alone. Most people sold out of banks and utilities because they locked on gics for 4-5% without putting their money at risk. We are going to see that same spike sooner than later
Destiny Inv@investorsdestiny · 9h
Rate hike won't kill the bull market, but it will kill the sentiment and create more worries for the next rate hike in December. Then the whole focus will shift on ppi/cpi/job reports. Short setups emerge and media will create doomsday theories saying its cooked. Bulls will have to take a backseat for a while giving space for volatility till the sentiment restores. This is nothing new - same story everytime. You can always make money if you know how to ride the flow or else simply stay invested and watch till these settle (which will happen eventually). Have seen this many times over the years. Bull market is not going away with couple of rate hikes when companies are doing record revenues.
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