$Hims & Hers Health Inc.(HIMS)

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Hawkish Warsh Sparks Rate Hike Fears: Time to Cut Growth Exposure?

QQQ fell 1.01% as new Fed Chair Kevin Warsh delivered a more hawkish-than-expected debut FOMC appearance, holding rates steady but striking a firm tone. With real wages declining for two consecutive months and inflation re-accelerating, rate hike fears resurfaced, hitting high-multiple growth stocks hardest — META and MSFT led losses as capital rotated from tech into value for the second straight session. With 'higher for longer' becoming consensus, will you keep trimming growth and rotating to value, or bet on a swift Fed pivot?

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