Because the markets were pricing in interest rates cuts in the second half of the year. Now that is in doubt.
Look at what has gone up the most since the turn of the year. All the most shorted stocks of 22 (Apart from this dog) All stuff that would benefit from lower interest rates
Come on Anacott. Don't be a paid deramper working for a hedge fund. This is going to the moon. Boots is coming to save us all and EVERYBODY KNOWS IT!!!!
Not announcing the Autostore thing to the market and I stead doing it on LinkedIn should tell you a lot no matter what some will try to get you to believe.