🌟🌟🌟The market just threw a bucket of cold water on our record breaking tech party. A scorching hot US PMI reignites expectations of an October rate hike to 70%, reminding everyone that economic resilience can quickly warp into an overheated nightmare.
The 10 year Treasury yield punched through the critical 5% threshold to hit a 19 year high.
What should investors do?
My Take: I will continue to dollar cost average $Invesco Nasdaq 100 ETF(QQQM.US)as I believe it can only go up long term.
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