Last year’s sell-off in technology stocks crushed the shares of internet-infrastructure giant Amazon. But a recent momentum shift in the share price signals big gains may lie ahead.
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Our leading indicator of inflation growth tells us the Consumer Price Index is headed even lower when the May data is released. That should support the outlook for stocks…
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The real federal funds rate (interest rates minus CPI) recently turned positive. It should expand more by year’s end. That has historically preceded big rallies in technology stocks.
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