Originally posted by Ollie3039:
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The current market conditions are deeply bearish, especially for growth sectors like BNPL, with ominous signals suggesting further declines ahead. Strong US economic data, including rising services activity and job openings, indicates inflation is returning to troubling levels, setting the stage for even more aggressive rate hikes by the Federal Reserve. With the 10-year Treasury yield hitting 4.7%, its highest in eight months, the cost of borrowing is poised to soar even further, tightening liquidity and increasing the pressure on equities, particularly risk-heavy growth stocks like ZIP.
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Larry's exit is looking better and better each day.254.19 USD −21.86 (7.92%) today
61.29 USD −3.80 (5.84%) today
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