Growth stocks are selling off broadly. President Biden officially announced that he would nominate Jerome Powell to serve a second term as chair of the Federal Reserve. The market generally sees this as meaning that the Fed will keep interest rates low to improve employment, which could lead to inflation. We just have to ride out the cycle... Fundamentals still the same.. Huge growth still happening..
APT Price at posting:
$113.55 Sentiment: Buy Disclosure: Held
