The heavy tech Nasdaq 100 Index has been in relative freefall through 2022, giving up much of 2021 gains as anticipated since 3 months ago. In the most recent Nasdaq 100 news, inflation is beginning to look like an endemic problem for Western economies, with the rate hitting a near 40-year-high of 7.9% in the US and 5.8% in the eurozone in February 2022. That has pushed central banks into action – accelerated tapering and multiple interest rate hikes are expected this year.
Most tech companies are also dependent on a bullish investing environment that encourages risk-taking, given the current investing environment there is nothing to felt like bullish atm. as a result I'm shorting.
Folks pump this idea by your likes, I will be updating this as it unfolds.
Most tech companies are also dependent on a bullish investing environment that encourages risk-taking, given the current investing environment there is nothing to felt like bullish atm. as a result I'm shorting.
Folks pump this idea by your likes, I will be updating this as it unfolds.
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