RE: Tesla is motoring28 Jun 2023 12:42
High beta growth and tech stocks don’t like rising inflation and interest rates, hence last years bad performance. I just watch the news and use common sense and probabilities to try and predict when things will go the other way. The target for inflation is 2% , the market is forward thinking , once inflation is nearing 2% the market will have already moved and priced it in, you have to try and sense when the tide is about to turn. The USA are ahead of the UK, the Nasdaq is already in a Bull market, it’s heading for its best first half in 40 years, the FED are still talking of further rate hikes, but the feeling is the end is in sight, the market has predicted this.