- Entry
- $326.17
- Final
- $321.80 -1.3%
- Target
- —
- Score
- -0.13
The WSJ just ran a piece saying tech does well during rising rate periods. The data goes back to 1999. What it misses: two of the biggest rising-rate periods were coming out of the 2008 crash and COVID. Of course tech does well when the alternative is the economy being in a ditch. Scott Sumner's point: never reason from a price change. Rising rates are not necessarily tightening. Lowering rates are not necessarily easing. It depends on where the invisible …
— ORIGINAL POST ·
I drove an RV through Wyoming and spent the whole trip thinking about why the financial press gets monetary policy completely wrong. Here's what I own because of it.
· r/ValueInvesting
· Jun 12, 2026