Why the stock market’s ‘FOMO’ rally stalled out and what will decide its fate

Why the stock market’s ‘FOMO’ rally stalled out and what will decide its fate

Business
February 11, 2023 by secret
136
[ad_1] A torrid, tech-led stock-market rally stalled out this past week as investors began to come around to what the Federal Reserve has been telling them. Bulls, however, see room for stocks to continue their rise as institutional investors and hedge funds play catch up after cutting or shorting stocks in last year’s tech wreck.