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A category 4-equivalent typhoon is barreling toward some of Taiwan’s most important semiconductor factories… Ground war is spreading in the Middle East… Some of the biggest, busiest ports in the United States are frozen by strikes…
The cherry on top: Fed Chairman Jerome Powell sounded ever-so-slightly hawkish when he said the Fed was in no rush to raise rates.
So it’s no understatement to call these tense, uncertain times, and that was reflected in equities’ performance today.
Even so, I think the NASDAQ has an opportunity to reassert its dominance in the coming weeks as the global market rediscovers its appetite for dollars. We’ll look at how we’re positioned there tonight.
We’ll also keep the focus on China, where we’re opting for quality over quantity there.
Let’s take a look…
