For the past four years, the technology sector has served as the primary engine driving the current bull market, effectively providing the answers to almost every question regarding market performance and momentum.
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Funny how everyone forgets bonds. When yields offer real returns, tech isn’t the only game in town anymore.
Has anyone checked the P/E ratios lately? They seem completely detached from reality with rates this high.
If yields keep climbing, the tech rally could collapse faster than we think. Scary times ahead for growth stocks.