High valuation Tech companies ≈ growth stocks, which are...

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The Most Important Thing

risk is largely a matter of opinion

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D J

·5 years ago
shared a link post in group #The Most Important Thingvia#The Most Important Thing
High valuation Tech companies  ≈  growth stocks, which are getting hammered the most in this market blood bath. The reason I believe is that recent data the Consumer Price Index show 4% and climbing fast, so people are now pricing in big interest increases. Since growth stocks earnings are all in the distant future, they get discounted at a higher rate @Nikolas Kong #The Most Important Thing cnbc.com/2021/05/12/consu..
Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008
www.cnbc.com

Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008

The Consumer Price Index rise for April from a year earlier was the sharpest since September 2008.

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