robot1234
2022-01-23

Rising inflation and higher interest rates have crushed many high-growth tech stocks over the past few months. The reasons are simple: Inflation reduces the value of a company's future revenue and earnings, while higher interest rates boost borrowing costs for unprofitable companies. Better to not fight against such megatrend and err on the safe side. I have switched most of my portfolio to matured income stocks with consistent earnings and some commodity counters.

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