After the strong inflation print of 3.5 % there are now analysts and experts who predict that the Federal Reserve might not lower the target for the Federal Funds Rate at all, far from the previous forecasts of 3-4 lowering of interest rates levels targets.
If the Federal Reserve ends up not lowering the target interest rate in 2024 and if geopolitical tensions flare anew between Iran and Israel, the price of oil and oil producers' stocks will shoot up, gold will also rise, while technology stocks may fall, in Wolfteam Ltd.'s view.
It will be interesting to observe whether the probable fall of US technology stocks prices will affect the general stock market level lower and possibly trigger an economic slowdown, possibly a mild recession.
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