Inflation Soars…So Do Stocks | InvestorPlace
This past Thursday was a bit of a headscratcher.
News came out that inflation numbers in May were scorching – higher than they’ve been in a decade. Usually, we’d see this cause a commotion in the bond market, sending yields soaring. Plus, we’d often see a sell-off in tech stocks.
Instead, the opposite happened. Yields dropped and tech stocks climbed.
That’s what our hypergrowth expert, Luke Lango, will explain today.
As a tech-focused, hypergrowth analyst, Luke has been tracking inflation since it began to raise its head. That’s because inflation has a massive impact on prices in the tech sector.
But as Luke explains below, the feared inflationary-future that many have envisioned is appearing less likely…and that’s fantastic news for hypergrowth investors, resulting in one, clear takeaway…