From FOMO to GERF, SCOTUS vs. POTUS, and A Tale of Two Housing Markets 6/30/23
The Exchange
00:00
The Fear of Missing Out
Mark Avalon, President of Potomac wealth advisors says now is not the time to get greedy in tech names. Valuations on these great large cap tech names are solid companies but how much will you pay for future earnings? If Jerome Powell continues this March towards 2%, I think names like that are going to spotter. But if they don't and we have a massive quick drop in inflation, maybe that's the Goldilocks for this mega cap tech trade at high valuations.
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