What stops the bull market?

Wednesday 31 January 2024

The Market Ear with more internals.

Rates and tech

Rates and tech have moved in almost perfect tandem since last summer. Lately, NASDAQ decided decoupling, and has moved higher, despite the fact rates rose from Dec lows. What happens if rates start moving lower again?

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.