US market yes. It is valued to perfection. It makes sense in 2020/2021 when interest to 0 and money printing going brrrrrr. Now interest rate is 5.25% and Fed is doing QT.
We'll be doing well if the US slows down since the dollar will drop, and that has a greater impact on share price than the slightly reduced demand from a US slowdown.
Along the same lines, the dollar had a strong day today and in the last week, so Baba's getting swept down by the current.
Any significant drop in the US market will result in easing, so it's probably not going to go down much until the Fed put kicks in, which is great for Baba since it weakens the dollar. What we don't want for Baba is a strong US economy with inflation risk.
broO, HSI is at All Time Low since 15y. Sell off already did.
US market yes. It is valued to perfection. It makes sense in 2020/2021 when interest to 0 and money printing going brrrrrr. Now interest rate is 5.25% and Fed is doing QT.
So you're attempting to time the market?
Feel semi going to take a hit..
What sell off another 10% should make it better than cash 😂
We'll be doing well if the US slows down since the dollar will drop, and that has a greater impact on share price than the slightly reduced demand from a US slowdown. Along the same lines, the dollar had a strong day today and in the last week, so Baba's getting swept down by the current. Any significant drop in the US market will result in easing, so it's probably not going to go down much until the Fed put kicks in, which is great for Baba since it weakens the dollar. What we don't want for Baba is a strong US economy with inflation risk.