Technology Powers Markets Higher
Mar 24, 2023
• 5
Min Read
“Amateurs sit and wait for inspiration, the rest of us just get up and go to work.” – Stephen King
Good evening:
Bears received just about every headline they could have hoped for in recent weeks, from bank turmoil to continued interest-rate hikes and sticky inflation. Yet stocks, particularly technology, have held steady as we approach the end of the first quarter. This week, the Federal Reserve raised interest rates by a quarter-point, the ninth increase in a year, as it balances the long-running fight against inflation with the sudden tumult in banking. The Fed is in a tricky s...