Technology stocks are continuing a long downward slide triggered partly by the Federal Reserve's plan to bring inflation levels down from their 40-year highs by raising interest rates and tightening the money supply. Since the start of 2022, the Nasdaq Composite has receded by 28%, and the sell-off will likely proceed until investors can get a clearer picture of the economic outlook. Periodic stock market corrections are inevitable, and as savvy investors, we should look to take advantage of them when they occur. Read More...
Technology stocks are continuing a long downward slide triggered partly by the Federal Reserve’s plan to bring inflation levels down from their 40-year highs by raising interest rates and tightening the money supply. Since the start of 2022, the Nasdaq Composite has receded by 28%, and the sell-off will likely proceed until investors can get a clearer picture of the economic outlook. Periodic stock market corrections are inevitable, and as savvy investors, we should look to take advantage of them when they occur.
