Nasdaq

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 Historically speaking, whenever the Fed pauses a rate-hike cycle as inflation is falling – exactly the situation we will have in 2023 – tech stocks always outperform:

U.S. E- Commerce Sales. A chart showing revenue since 1999 shows upward growth in billions.

Either this is the first time in history that the combination of steady interest rates and falling inflation equals tech stock underperformance, or… Tech stocks are about to stage an epic comeback.We’ll go with the latter. Tech stocks have regained their mojo, and the party’s just getting started. But if you want to maximize your returns in this comeback, you can’t just settle on buying the Invesco QQQ ETF (QQQ) – an ETF that tracks the Nasdaq. 

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