US markets just tanked. What’s happening?

US Market & Sectors
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So, if you’ve checked your portfolio today, chances are it’s looking pretty rough. The US markets just took a nosedive, and it’s got everyone talking. Here’s what’s I think is driving this chaos.

  1. Fed’s Playing Tough:
    Powell and the Fed are still sticking to their guns with high interest rates, and the market doesn’t love it. Expensive money = slower growth.

  2. Tech’s Slipping:
    Big Tech, the MVPs of this year’s rally, are finally cooling off. Apple, Nvidia, and the like are dragging things down big time.

  3. Bad Economic News:
    Weak consumer spending and low job growth aren’t exactly helping the mood. Because of inflation fears, there’s weak consumer spending.

Are you guys buying the dip or selling off?

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Tech’s been carrying the market for so long, it’s almost weird seeing it fall. Any thoughts on whether Nvidia and Tesla are buys at these levels?

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Biggest question: Is this just a correction or the start of something bigger? Feels like the market’s been too optimistic for too long, no?

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I intend to maintain my current ETF investment strategy. Historical data suggests that market timing is often ineffective. What investment approach are you currently pursuing? ETFs, individual stocks, or a cash position?

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