RE:RE:RE:cantechletter.com article - Eight Capital
Agreed, also the commentary from analysts about interest rates impacting high flying tech companies is in relation to companies who will not see profitability for years to come, whereas profitability for WELL is just around the corner. Granted, higher interest rates are not positive for stocks in general. Interest rates continue to be historically low despite recent developments in any event. The suggestion that we all need to panick and sell all our stocks because of interest rate hikes and an inevitable bear market is just bad advice. It will always be a good idea to remain invested in quality companies regardless of the macro environment for stocks which is largely unpredictable and therefore untradeable.